Yep, I have my own personal “Carl’s, Jr./Hardee’s Inflation Index”...my benchmark “Santa Fe Chicken Sandwich” large combo is up from $7.89 to $12.25 over 10 years.
That's the funny thing.
Everybody has their own market basket of goods inflation that hits them. Different from most other's MBOG inflation.
And it changes month by month.
Not to speak of what might be happening to their assets/debts.
CNBC is live now. Powell statement upcoming I think.
I have the "Jimmy Dean Index". A 1lb roll of Jimmy Dean Sausage was $2 several years or so ago. It's double that now.
The food inflation has been insane, and so many tricks have been used to disguise it, but you can't hide the doubling of prices in a decade or less.