[khelus]

The blue line ia a measure of how well the Fed has fulfilled its mandate of price stability after removing the 'enhancements' that changed the CPI from a measure of the cost of a set standard of living to the measure of a declining standard of living:

[Kevmo]

Would you say that a fair reading of that graph is to say that the difference between red & blue is how much ‘real’ inflation has been taking place?

[Toddsterpatriot]

The blue line ia a measure

Based on what?