Comments by "Bobby mainz" (@bobbymainz1160) on "The Biden administration continues to do all we can to fight inflation: White House economist" video.

  1. If they actually measured US inflation like they did in 1980 the current rate would be around 17% which would be higher than the 13.5% in 1980 and the highest in over a hundred years, since 1918. It also means that REAL interest rates are negative by 16% or negative by 7.6% (1% nominal minus 8.6% CPI) using the modern method of calculating CPI.
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