Don’t focus on the extraordinary high 9.1% CPI. If you want to know what the economy is really reeling under, you have to look at what producers are experiencing under inflation and realize that hurts real people and real companies just like CPI hurts consumers, and there inflation has gone ultra-double-digit…
by David Stockman on Contra Corner:




- Noninflationary Heyday, 1953-1968: +1.3%;
- Post Camp David Inflation, 1971-1995:+4.6%

- 1971-1995: 5.6%;
- 1995-2012: 2.7%;
- 2012-2019: 2.4%;
- 2019-2022: 3.2%

David Stockman was President Reagan’s head budget advisor. He is the author of The Great Money Bubble: Protect Yourself from the Coming Inflation Storm, The Triumph of Politics: Why the Reagan Revolution Failed, and The Great Deformation: The Corruption of Capitalism in America.
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