Consumer Price Index was up 4.2% April 2021 , 8.3% April 2022 and only up 4.9%. Does that mean it is up 17.4% in the three years of Bidens president?
Consumer Price Index was up 4.2% April 2021 , 8.3% April 2022 and only up 4.9%. Does that mean it is up 17.4% in the three years of Bidens president?
I have noticed it being much more expensive to cook at home on some occasions. Especially pizza.Has anyone else noticed that it costs about the same for ingredients to cook at home as it does to eat the same dish at a restaurant? What's up with that?
I think they took the price of fuel out of these calculations too. The cost of fuel affects the price of everything. And once the price of goods goes up, it rarely drops back to pre inflation levels. The price of crude is $71 per barrel today, and our gasoline is $3.95 per gallon, and diesel is over $4 a gallon.Correction; Early rather than late 80's.
Here is the chart from Shadowstats
View attachment 19774
See that plunge around '83? That is after they changed the calculations. Then, note the hockey stick spike in 2021-ish.
Keep in mind, the prices are not coming back down, just the rate of the increase is slowing.
There is also a calculator there where you can enter a dollar amount and two dates and find the government stated CPI vs actual, but you need to be a subscriber to get the actual shadow stat. You can however see that the official CPI between April of 2019 and April of 2024 is 18.71%.
The shadow stat measurement is more than double that. But shhhh! Sheeple don't want to know.
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