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The consumer price index for March came in at up 8.5%. This compares to last month's number of 7.9 percent, making the change a rise of 7.59 percent OVER ONE MONTH.
At simple interest, the annualized rate of change is 91 percent. Compounded monthly, the number would be well over 100 percent.
Fasten your seat belts! And get out of fixed-income investments.
