There’s some FReeper that always comes into these inflation threads and derides anyone that says that food and energy costs are excluded from the reported rate of inflation. He usually posts a “face palm” picture or something.
I’d really like to see him site his source that says these data points are included.
Maybe they are included but are ‘hedonically obfuscated’.
I.e. The price of steak is through the roof, but it’s assumed that everyone who can’t afford steak just eats hotdogs instead. And hotdogs are much cheaper than steak so - hey! - the price of food isn’t going up much.
Crazy I know. But I bet the Government massage their statistics with such evil fictions.