When Are We Going To Get Accurate Inflation Numbers?

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Trump should fix this BS.

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Lowering interest rates isn't it.

As long as the government releases both numbers

"Core" and inflation w/food and energy, I dont see the issue.

Lowering interest rates only serves as an avenue for megacorps and foreigners to keep buying up everything and making it shitty


The interest rate should be raised

Beef is not fixing to come down until maybe 2027. A three hundred pound calf is going for 4.60 a pound right now. I can see cattle rustling making a come back.

Reminder: Inflation is only reported in terms of month-over-month/year-over-year.

Real numbers should be reflective of the increase over the abandonment of the gold standard in 1971 to wholly imaginary fiat dollars. We're said to be at approx 3,000% inflation from when the USD had sound backing.

For illustrative purposes - Let's say you weighed 175 lbs in 2005 and you balloon up to add another 225 over the next 20 years. For each year forward, you only gain 8lbs, then 6lbs, 5 the next, 2 the following year, then 3, 5, 7, etc. It doesn't seem like a lot if you go, "I only gained 2lbs over this time last year!", when in reality, that's just on top of all of the additional weight gain. "Just 2 lbs" isn't much but you stopped pointing out that you were only 175 20 years ago and now top 400+.

THAT is how they report inflation. It's never that things cost more than they used to, but rather that your dollars are worth LESS than they were previously, and it takes more of them to buy the same thing they once did.

Some of us are old enough to remember the 59/79/99 Taco Bell menu from the 90s. That same $0.79 bean burrito is now $2.99. Why? Did beans, tortillas & cheese become that much more of a rare commodity? Did burrito-wrapping become an artisan-level master skill requiring trained craftsmen to perform?