Even if we have slightly elevated inflation in the coming few years (e.g. 3-4% YOY instead of 2% or less), it's basically a nothingburger and is healthy for the US economy.
Can’t tell if satire. Have you been to the grocery store lately?
Milk and oJ still relatively normal, considering gas is up nearly 30% in my hood
My water bill went up noticibly this year.
Everyone's got a hot take on why CPI is wrong, but the official rate of inflation for food is 3.5%. Personally, I spend a lot more on groceries than pre-covid, but thats because I now eat out once or twice a month instead of several times a week.
How does the official 3.5% figure compare to your personal experience of the actual difference in price for a given item from last year?