Most press reports about Zimbabwe’s fantastic hyperinflation are off the mark – way off the mark. Even our most trusted news sources fail to get the facts right. This confirms the “95 Percent Rule”: 95 percent of what you read in the financial press is either wrong or irrelevant.
Is the 95 percent rule accurate? In other words, is "95 percent of what you read in the financial press is either wrong or irrelevant?"
Note: Steve Hanke certainly seems to believe that inflation for some countries is higher than actually reported (e.g. the Zimbabwe article I cited, this tweet regarding Sudan from 9 hours ago, and this tweet regarding Argentina from 11 hours ago). This may or may not influence his opinions about the financial press. This question has nothing to do with whether inflation (or hyperinflation) is incorrectly reported.
But this belongs on Skeptics! No, it doesn't.