Huh? Then why is everything I’m buying especially food going through the roof?
“Huh? Then why is everything I’m buying especially food going through the roof?”
Food and gas (ie. the two things you actually have to buy, ie the two things that actually measure inflation) are specifically excluded from the govt inflation calculation.
Figures don’t lie but liers sure figure.
I don’t really get that either, but the way I understand it, some time ago they stopped including food and fuel when calculating for inflation. Now, having said that, why would that matter? Increasing price of food and fuel SHOULD affect all commodities I would think.
So, bottom line, I have no idea! LOL I guess I need to reread some of Sowell’s books!
What?
You mean that it’s actually an indicator of inflation when you can buy 3 pounds of hamburger for just a little more than 5 pounds of steak cost you a year ago?
Thought crime. Re-educate yourself.