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Frank Lee's avatar

I don't know where trading economics gets their data. However, like I said, some counties are so tied to the US economy that it is bringing them down with it. The inflation rate in the UK and Spain was already high before the pandemic. The Netherlands is a surprise.

The problem though with the US, if we were counting inflation like we had in the past, it would by over 14%. It is likely that US inflation is WAY understated by the Biden government while these other countries report it accurately.

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