Post
Topic
Board Economics
Re: Reality Check on Crypto
by
d_eddie
on 17/10/2021, 09:54:39 UTC
It's historically not 5% per year, not even close.

-snip-

Year    Annual Inflation Rate
2011       3.0%
2012       1.7%
2013       1.5%
2014       0.8%
2015       0.7%
2016       2.1%
2017       2.1%
2018       1.9%
2019       2.3%
2020       1.4%
2021       5.4%

Source:  https://www.usinflationcalculator.com/inflation/current-inflation-rates/
You do believe the official reported figures don't you. After all, they have no incentive to lie about that...  Roll Eyes