What kind of propaganda is this?
Here in NY, my year-over-year inflationary increase has been on the order of 7%. This includes items such as food, home heating oil, gasoline, real estate taxes, healthcare insurance, etc. Total B.S. how certain items are conveniently and perpetually excluded by the government from inflationary calculation - this has been going on for a decade+ now, and mostly a conspiracy to help buoy the equity markets, justify 0% S.S. increases to our Seniors, and to help justify the FED's continued stupid actions.
Bernanke is in deep doo-doo with his money printing press scheme, and their interpretation of inflation is an absolute scam, IMO.
The weak hands are selling Gold now. For me, physical Gold is the best hedge against a mad experiment that has gone very awry.
I read recently that the true overall national rate of inflation is around 8%.
I'm not much of a conspiracy theorist, but clearly the official inflation rate. Like the official unemployment rate, are intended to keep the sheeple in the dark.