Inflation Calculation

[jamespowers]

But wait...how much are they charging for that expanding yardstick now as opposed to then!? lol

About a gram of gold.

 

[Richard Warren]

Seems to me the "inflation rate" is a dodge to convince you that what you know (prices are going up) is not true.

 

[jamespowers]

Seems to me the "inflation rate" is a dodge to convince you that what you know (prices are going up) is not true.

You have a point there. Just as they keep the price the same but give you less at the grocery stores.