The inflation measured by CPI is no doubt worse than is being reported. The CPI is rigged and manipulated just like all the Covid data is.
For example, food CPI does not adequately capture "shrinkflation" and "substitution" - substituting cheaper ingredients to camouflage price increases.
Whatever our government says "food inflation" is - you can add X percent to that figure. Overall inflation - recorded the way it was decades ago - would be at least 2X higher than the 8.5 percent "official" figure.
Wow, grim indeed. I will be praying for solutions and provision, with gas and food prices I don’t know how people are making it. My stomach is in a knot every time I shop for food as staples cost double.
The inflation measured by CPI is no doubt worse than is being reported. The CPI is rigged and manipulated just like all the Covid data is.
For example, food CPI does not adequately capture "shrinkflation" and "substitution" - substituting cheaper ingredients to camouflage price increases.
Whatever our government says "food inflation" is - you can add X percent to that figure. Overall inflation - recorded the way it was decades ago - would be at least 2X higher than the 8.5 percent "official" figure.
When you consider that the goal is to reduce the population, causing food insecurity seems to fit well in the plan.
Wow, grim indeed. I will be praying for solutions and provision, with gas and food prices I don’t know how people are making it. My stomach is in a knot every time I shop for food as staples cost double.