Inflation is only high if you buy the stuff you need; stuff like gasoline, food, medical services and insurance, municipal utilities, etc.
On the other hand, inflation has been negative on the stuff you’ve already bought; stuff like houses. It’s also been rather low on luxuries like private jet travel, Tiffany jewelry, designer clothing, IPads, etc. If most of your shopping is for luxuries, you’re inclined to believe Bernanke and the Bureau of Labor Statistics.
RE: Inflation is only high if you buy the stuff you need; stuff like gasoline, food, medical services and insurance, municipal utilities, etc.
Great, don’t eat, travel, feel cold or get sick and you’ll be all set /s