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Forget CPI: Inflation In Necessities Has Skyrocketed Since 2020

Forget CPI: Inflation In Necessities Has Skyrocketed Since 2020

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VBL
Sep 02, 2023
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Forget CPI: Inflation In Necessities Has Skyrocketed Since 2020
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Relevant Repost from ZeroHedge

When mainstream economists and politicians cite “improvements” to the inflation problem in the US in recent months, what they are commonly referencing are changes to the Consumer Price Index (CPI).  However, the CPI is not a measure of total inflation, rather, it is a median snapshot of prices at a particular point and time…

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