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Submitted by Wolfgang on
Dear Derrill, I am not sure I understand your point. I thought the chart showed that the price increase the poor are experiencing are higher than for the average person. If a 100% food price increase was being compensated by a 100% wage increase this would mean that core inflation would be much higher than it is now, wouldn't it? The fact that the poor are hit more by inflation has already been well documented for other countries and regions. Even though I like to be novel, I wasn't on this one. Wolfgang