this post was submitted on 26 Apr 2025
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Wow, so I did tha math. The official inflation rate factors up to just over 1.5 (50% increase) over the past 16 years. But this meme suggests a factor of 3.58!!! (258% increase)
The official inflation rate doesn't include food or energy. It's ridiculous.
The most funny thing was the "I can't eat an iPad" reply, when someone from the Fed tried to explain these mental gymnastics
https://www.wsj.com/articles/SB10001424052748704893604576199113452719274