posted on Dec, 15 2010 @ 12:06 PM
If your government keeps track of interest rates like the US does, add another 25% onto that inflation rate.
In the US, food, fuel, commodities and the like are not included into the CPI or the Consumer Price Index. Funny how all the things that you use day
in and day out are not even included in the inflation rate.
I look at it this way, gold has NOT gone up in value. There is still the same amount of gold and maybe even more. So if gold has gone from $400 or so
and is now at $1400 or so, that means in the past three years, the REAL inflationary rate is more like15%-30% or so.
The collapse of the housing market and treasuries has caused deflation in some markets and has driven others to extremes, especially the ones that are
day to day necessities.
Ain't that special.