> Why is it a conspiracy to suggest actual inflation is far above and beyond what is reported by the Feds
The conspiracy is that it’s treated as a conspiracy. Local inflation varies wildly [1]. In official statistics. And inflation is personal, dependent on your basket of goods and services. There is no market evidence that inflation is endemic, but the market is frequently wrong.
> so well off that they are not able to see the rapid rise in prices
Many on this forum have equity holdings and/or in-demand jobs. Those make one somewhat inflation tolerant.
> Many on this forum have equity holdings and/or in-demand jobs. Those make one somewhat inflation tolerant.
Yeah I’m genuinely shocked that people seem so upset about inflation. Then again I couldn’t tell you if the gas price down the road begins with a 3, a 4, or a 5.
The conspiracy is that it’s treated as a conspiracy. Local inflation varies wildly [1]. In official statistics. And inflation is personal, dependent on your basket of goods and services. There is no market evidence that inflation is endemic, but the market is frequently wrong.
> so well off that they are not able to see the rapid rise in prices
Many on this forum have equity holdings and/or in-demand jobs. Those make one somewhat inflation tolerant.
[1] https://www.bls.gov/charts/consumer-price-index/consumer-pri...