How can inflation be only a few percentage points and yet many goods and services are up over 50% since 2019?

716 views

How can inflation be only a few percentage points and yet many goods and services are up over 50% since 2019?

In: 187

29 Answers

Anonymous 0 Comments

The consumer price index, a measurement for inflation, indicates the average consumer. Your own personal basket of goods and services may differ greatly from the average consumer. Things you buy may be rising in price faster than other goods and services. Also rhe cpi is very manipulated to give the impression of a stable economy, things are taken out of or added to the consumer price index. Propaganda pretty much.

To add, inflation is very related to increased money supply, in recent years those who can create money (banks) have abused this power to fíll their pockets and created a credit based society that is very vurnerable to black swan events.

Buy bitcoin.

You are viewing 1 out of 29 answers, click here to view all answers.