Buy some gold.
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They are letting so many illegals in to increase inflation. Each of them need to eat, need housing, etc. That demand causes more inflation and inflating the debt away is the only solution. We can’t ever pay it. It’s too huge. And they won’t default (the honest way of handling all this debt). So we inflate it away. Don’t be fooled into thinking the government want less inflation.
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I get dizzy with the numbers. But if we are 5% over last year, which was 5% over the year before, which was 9% over the year before: what is the actual inflation over the past 3 years?
These are fictitious
$1.00 item x 5% = 1.05 x 5% = $1.10 x 9% = $1.20?? (rounded)
What is the actual increase from 2021 until now?
So true, but unfortunately, not many believe it.
Keep in mind, not every item one purchases is affected the same by inflation. Case in point, the graphic I posted above shows how different items were affected by inflation in March.
Anyways, here you go!
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The cumulative rate of inflation is exactly it. Thank you!
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The way Oatmeal Brains and his cadre are driving this country into the toilet a more useful metal, soon to become precious as well, is lead!
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Interesting chart…interesting in its inaccuracies. Groceries up 1.2%? More like 12%. It has alcohol up 2.4%, but that is one that is actually down. Expecting a government agency to get anything right is like banging your head against the wall and expecting it not to hurt next time.
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This sentiment always confounds me. In a functioning economy, gold is a proven bank of value, but if things go to hell, gold ain’t what the desperate will want and need. It will be bullets and food.
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This is a good example of why economic policy decisions are based off of real data instead of feelings, beliefs, and emotions. It is easy for people to “think” one thing even though the data clearly indicates otherwise.
[quote="Ryan Uecker, post:15, topic:241334, full:true, username:ruecker”]
[quote="lhenderson2, post:13, topic:241334”]
Groceries up 1.2%? More like 12%…
[/quote]
This is a good example of why economic policy decisions are based off of real data instead of feelings, beliefs, and emotions. It is easy for people to “think” one thing even though the data clearly indicates otherwise
[/quote]
If you grocery shopped, you couldn’t say that with a straight face.
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I think the main problem is that some people don’t know what inflation is, how it is tracked, calculated, and reported, nor what any of the numbers really mean. Thus you get people thinking the chart represents inflation since the beginning of time or something like that.
Most people don’t really give a rat’s a$$ about the charts.
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I think you hit it there. 
True. Nick’s post and this thread are about the charts and numbers though.