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Since the Bureau of Labor Statistics likes to report their inflation data, I thought it would be interesting to cross reference their statistics, with those of John Williams at Shadow Government Statistics- www.shadowstats.com.
I guess it's a matter of, who do you trust?
Based on what we are feeling in the "Real World", I choose John Williams. John has updated his Alternate CPI data, and his numbers show inflation running at an annual rate of 10.3%. Sounds about right don't you think?
