http://www.shadowstats.com/alternate_data/inflation-charts



This post was edited by Santara on Jul 13 2022 02:00pm

That's unironically the take of most Green parties and their fellow travellers in the media: "our consumption had to be drastically reduced due to climate change anyway, it's good that inflation/the war in Ukraine is finally forcing the plebs to get used to it".

For decades, they've wanted high energy prices, they've wanted meat, processed food and individual mobility becoming less affordable. Now, they have a golden opportunity to get their wish by just doing nothing and letting inflation soar - and as the cherry on top, they can put the blame on Putin.

Inflation only exist because the people = took weak to fight back and let them print $ while the people and their future generations will slave 75% their lifetime on earth to pay that # which is thin air. You were born with the right to have a house , a way to hunt/farm food . The only reason it's hidden behind a paywall is because you the people let it happen while they get rich out of the only currency that exist. Your time on earth. Time is the most valuable currency .

This post was edited by SunnyvaleTrailerPark on Jul 13 2022 04:28pm

Gas has come down from 5 dollars(mid June) per gallon to 4.68(July), Inflation is slowing down? Or did Biden do something?

August CPI in at 8.3% vs 8.1% projected
Core CPI at 6.3% vs 6.1% projected

oopz

Biden doesn’t control gas prices. Member?

$2.15/gallon propane prebuy in my area.

Started googling and can't find how shadowstats collects or analyzes their data. What is the difference in the two calculations and why are they important?

They use the same methodology for accounting inflation as was used prior to 1980. Up to that point, rather than measuring "the general price levels," the inflation numbers could reasonably be used to quantify maintaining a standard of living.

http://www.shadowstats.com/alternate_data/inflation-charts



If the old methodologies had been in use constantly since 1980, Social Security payments to retirees, which adjust annually (COLA) based on the CPI, would be approximately double what they are today.

https://www.pbs.org/newshour/amp/politics/ruling-clears-joe-bidens-2021-pause-on-new-oil-gas-leases


He lost in court. Like the loser he is.