That is an utter F***ing lie. I've never seen inflation so horrible as it has been between 2009-2017. I've been keeping track. Virtually everything I buy on a regular basis doubled in price. I could give you a list.
Inflation was 200% since that idiot Obama took office. He just ordered the FedGov to lie about real inflation.
Agreed—inflation in many consumer goods is very real.
Confession—I just bought coffee at a Starbucks this morning (ducking under desk.. :-) ).
The price just rose for the second time in the past year—for their lousy overpriced coffee.
There is also shrink-flation where the package size shrinks while the package stays the same.
Health care costs, college costs, house prices and rents—the list goes on and on.
Computers and printers are cheaper, but really...
I have seen prices rise as well, especially in the last year or so.
But I was puzzled about the lack of obvious inflation in the early Obama years.
The idea that quantitative easing put money into the hands of people who spent it where it did not contribute to price inflation is an intriguing idea. The stock market certainly shot up in price! Stocks are not considered part of any inflation index that I know of.
Agree - from the price of meat to the shrinking of packaging - prices in the grocery store and restaurants went up a great deal in that time frame.
But hard drives are cheaper than ever. I think I’ll fry up a 2 gigabyte hard drive with my overpriced eggs.
Ding! Ding! We got a Winner!
Ditto
I’ve always wondered how they managed to hide inflation when everyone knows prices have gone way UP!
Groceries and gas. Many grocery items have shown significant increases.
‘Shrinkflation’ is also alive and well. I have noticed some product content shrinkage in a couple of different grocery stores, but the prices stayed the same.
Just last week I bought some coffee filters. I had been buying them for $1.19 for several years. Last week, they were $1.65 per pack.
My father recently passed and we were going through his things. He kept meticulous records on things like home repairs, his autos, healthcare. It would be a fascinating study of REAL inflation over the last 60+ years.
My favorite - my oldest sister born in 1955. Mom stayed 1 full week in hospital, sister treated for jaundice and low weight. Attending OB-GYN and anesthesiologist. Total bill? $250
[That is an utter F***ing lie. I’ve never seen inflation so horrible as it has been between 2009-2017. I’ve been keeping track. Virtually everything I buy on a regular basis doubled in price.]
I feel like I am the only person who notices this.
I agree with you. Inflation for common consumer goods we use everyday is outrageous. And anything for which the price hasn’t increased drastically, the SIZE of the product has reduced. The middle class is also struggling with tax increases at most levels. It does not seem that any income increases are taking effect yet. So far, we just have our crumbs....