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To: E. Pluribus Unum
It'd be a lot higher of CPI included groceries, gas, and housing price increases. You know, basic necessities aren't important enough to track for inflation rate.



5 posted on 05/28/2021 10:22:26 AM PDT by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: Tell It Right

Those are considered non-essential because one does not have to eat, travel or come in from the rain and snow.


22 posted on 05/28/2021 10:35:52 AM PDT by packagingguy
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To: Tell It Right

CPI only covers important stuff like luxury cars, timeshares, and theater tickets.


41 posted on 05/28/2021 11:29:39 AM PDT by Beagle8U ("Jim Acosta pissed in the shallow end of the press pool.")
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To: Tell It Right; SaxxonWoods

It’d be a lot higher of CPI included groceries, gas, and housing price increases.
____________________________________________________________

Hence the term CP-LIE

@SaxxonWoods:
Somebody is wrong, I wonder who.
“Price Shock: Inflation Soars to 29-Year High”
Marketwatch headline right now:
“U.S. stocks climb as inflation reading hits 13-year high”
____________________________________________________________

Michael Burry, please pick up the red phone. Mr. FedGo Bur wishes to discuss you bets on TTT, TMV, TBT as they are having difficulty containing the volcanic pressure of rising prices and restraining the 10 Yr Treasury rate.

Side note:
My favorite Dollar General food storage item increased 13.5% yesterday compared to last Saturday.


49 posted on 05/28/2021 12:03:17 PM PDT by JCL3 (As Richard Feynman might have said, this is reality taking precedence over public relations.)
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To: Tell It Right
It'd be a lot higher of CPI included groceries, gas, and housing price increases. You know, basic necessities aren't important enough to track for inflation rate.

What's life to track?

64 posted on 05/28/2021 8:31:09 PM PDT by GOPJ (To paraphrase Lavrentiy Beria, “show me the woker and I’ll show you the racist”- freeper Impala64ssa)
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