[panaxanax]

“Inflation rate does not count food or fuel.”
____________________________

I never could figure that one out either. I wonder what the REAL inflation rate would be if they were counted in?

[Road Glide]

“I never could figure that one out either. I wonder what the REAL inflation rate would be if they were counted in?”

Oh, 13, 14, 15 percent.

Just look back at the Carter years...

In all fairness, it was right after the first Arab Oil Embargo (with the resulting zoom-up of fuel prices) that we saw inflation begin to take off. The West could have stopped this at once, by threat of military invasion of the Arab nations to “turn the spigots back on”. But it backed away, taught the Muslims that we could be rolled, and the rest is history...

[khelus]

RE: “Inflation rate does not count food or fuel.” ____________________________ I never could figure that one out either. I wonder what the REAL inflation rate would be if they were counted in?

The blue line on the graph represents inflation as measured when all the 'improvements' that suppress inflation are removed: