Why does everything feel so unaffordable?
— The Kobeissi Letter (@KobeissiLetter) March 27, 2024
According to the pre-1983 CPI calculation method, inflation is nearly TRIPLE what current CPI data says.
If you used pre-1983 CPI, inflation peaked at 18% in November 2022 and currently stands at a whopping 8%.
Under this method,… pic.twitter.com/iwkhwqVVAT