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Old 11-14-2023, 07:47 AM
Gorditadogg Gorditadogg is offline
Al Stein
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Join Date: Aug 2019
Location: Chicago
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Quote:
Originally Posted by Snowman View Post
Prices are way up for a lot of goods sold. Much higher than the reported inflation numbers. The CPI is not nearly as useful of a metric as it was before they redid the formula however many years back, IMO. I know it's only up 8% or so per the dept of labor, but the price increases I've seen in my day to day life dwarf those figures. I think most people would say the same.
Most people have no idea what the real numbers are or a clear concept on how to calculate them.

How much did you spend on consumer goods the first half of 2022? How much for the first half of this year? I doubt it has changed much. (I also doubt you have changed your spending habits in any meaningful way.)

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