19 Dec 2017 1:17 pm
So to be clear, you think that the published inflation rate is simply a dirty lieCannonpointer » 19 Dec 2017 1:11 pm » wrote:Okay - call it mayonnaise muffin, if you like, son. 2% inflation is ****. What the fed has done a fine job of is robbing you of your wealth and good sense.charles.thompson » 19 Dec 2017 12:37 pm » wrote: No. They are related. They just are not identical.
2% inflation would have gas and milk at half a buck, kid. Purchasing power would have it even lower, given the meteoric rise in worker productivity, compared to the 1960s.
https://www.statbureau.org/en/united-states/inflation