While July CPI inflation is at 2.9%, inflation is much higher in many basic necessities:
— The Kobeissi Letter (@KobeissiLetter) August 14, 2024
1. Car Insurance Inflation: 18.6%
2. Transportation Inflation: 8.8%
3. Hospital Services Inflation: 6.1%
4. Homeowner Inflation: 5.3%
5. Rent Inflation: 5.1%
6. Electricity Inflation: 4.9%…
The CPI is so manipulated that it is effectively a fantasy on the part of fascists and fools.
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