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  • Inflation - CPI versus Gold and Oil

    According to the Consumer Price Index, inflation is at about 3%/year . Gold is up 24% this year. Oil is up over 50% in 12 months. Assuming that the supply of gold is not violatile, shouldn't these be roughly similar? What is the actual inflation rate?
    Posted to Economics Questions (Forum) by David V on Mon, Nov 5 2007
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