Annual Inflation in 25 Key Emerging Market Economies: 2011
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Inflation here in the United States is getting very bad, but the US government's "Bureau of Labor Statistics" under reports it by excluding "food" and "gasoline" from their numbers. Then they call it "core inflation." However, the lower and middle class are inordinately affected by inflation in these basic living expenses.
There is an increasing amount of concern even in the mainstream media of inflation continuing unabated and even increasing to the point of hyperinflation. This is a good example of what many are looking at as a real possibility: http://www.Squidoo.com/food-prices-rising .
Posted by: Mike Kuykendall | December 14, 2011 at 05:54 PM