Where The Real Inflation Is

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Tyler Durden:

Despite being dismissed as “noise”, inflation is here and it’s rising. As the following chart shows, if you eat, drive, use electricity, or live in a house, you are paying dramatically more this year than you did last year. On the bright side, if you wear clothes or use electronics, prices have dropped (but remember deflation is bad…). How much longer can the Fed pull the wool over the eyes of the people?

Chart here

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I heard American’s are only averaging 3.4 days of vacation away from home in the last year.
It fits with your chart.
Travel and dining out are taking the biggest year-over-year hits as people do not have enough money for those two luxuries.
Sadly leisure activities, even at home, are also losing.
Then there is retirement investments.
Yikes what a grim America.
Makes Jimmy Carter putting on a sweater in the WH at least look like he considered the optics.
Obama, otoh, is heading off for yet another fabulous vacation!

Inflation has been building since the start of Obama’s reign, due mostly to his putting all regulatory agencies on steroids and filling their leadership positions with far-left progressives.

@Ditto: I’m gonna retire,finally. I’m done with all the bad financials. My dream home, on the beach, in Gaza.

In Gaza? Good luck with that.

Pure American fear and hate here

Ahh sorry but gas prices are dropping. Less than 2.50$ gal now

@John:

Yes, against the odds of Obama’s six years of increased regulatory fascism and the collusion of his Treasury Secretary and Federal Reserve Chairman’s practice of “Quantive Easing” and printing more fiat money to devalue the dollar, the oil glut in the US is finally starting to effect prices at the pump, with Obama deserving no credit whatsoever for it. Energy prices however are still skyrocketing as Obama’s agenda promised and will continue to rise thanks to his latest flood of regulations released on Thanksgiving Eve. These can only result in more increasing prices and less jobs.

You are a quisling and “useful idiot” John.

@Ditto:
You are an agent provocateur helping to advance ISIS agenda by spreading false rumors
Why do you seek to produce fear here in the USA ?????
Energy prices are skyrocketing ???
Are you daft ???

As this chart clearly demonstrates, the actual rate of inflation during the Obama administration has been much, much higher than the official rate of less than 1 percent per year. It’s been BAD, folks. It’s been VERY VERY bad. And it’s going to get much, much worse.