Inflation reality check from BLS data:
What's bleeding you dry:
• Fuel oil +74.2%
• Gas +34.2%
• Flights +22.4%
• Tobacco +6.4%
• Car repairs +5.8%
• Hospital visits +5.6%
Overall CPI: +3.7%
What actually dropped:
• Car insurance -5.0%
• Medical products -3.3%
• Used cars -1.5%
• Dairy -0.7%
The "official" 3.7% inflation number is a joke when energy is up 30-70%. Real cost of living for normies? Way higher. This is why people are rotating into crypto and hard assets. Fiat debasement playbook in full effect.
What's bleeding you dry:
• Fuel oil +74.2%
• Gas +34.2%
• Flights +22.4%
• Tobacco +6.4%
• Car repairs +5.8%
• Hospital visits +5.6%
Overall CPI: +3.7%
What actually dropped:
• Car insurance -5.0%
• Medical products -3.3%
• Used cars -1.5%
• Dairy -0.7%
The "official" 3.7% inflation number is a joke when energy is up 30-70%. Real cost of living for normies? Way higher. This is why people are rotating into crypto and hard assets. Fiat debasement playbook in full effect.