re: Consumer prices rose 3% in January compared to a year ago

quote:

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That’s entirely untrue.

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I remember when all of these things used to be less than a dollar:

a loaf of bread
a gallon of milk
a pack of cigarettes
a gallon of gas
a candy bar
a cup of coffee
an order of beignets
bus fare
school lunch
Mad Magazine (75¢ cheap)

You could go to a restaurant in the River Bend Shopping Center called "The Buck Forty-Nine" and get a steak dinner for, you guessed it, $1.49. (Okay, so it was a round steak...)

Without severe economic turmoil, these things will never be under a dollar again. The dollar gets devalued by inflation as time goes on. Even during Trump's first term the dollar devalued by nearly 10%. It doesn't go the other way without pain.