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Measuring Inflation By The Big Mac

Tuesday, May 14, 2013 - 9:19 AM
Investment broker Peter Schiff, author of The Real Crash, says you can use The Big Mac Index to measure real inflation in the U.S. He says over the last decade the Big Mac, McDonald's iconic burger, has gone up in price almost three times as fast as the official rate of inflation.

Measuring inflation by the Big Mac
ShorebreakShorebreak2,671 posts since
Apr 6, 2010
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