Many college students only spend their parent's money on food and beer. What is the inflation rate for these people, now that anecdotal is ruling the discussion? The dollar has lost a third of its value in the last three years. Thats really your true inflation rate.
The dollar lost this value against some other currencies. Are you suggesting that you (and others) have been converting (or paying) your way using other currencies? Who are you people, the ones whose sole budget expenditures are strictly confined to food and energy?
Save your hyperbole for people a little less bright and a little more gullible; you'll be a tad bit more convincing and persuasive that way.
I guess I am one of those. I am a professional living in DC, and see the cost of everything skyrocketing. Of course my cost of living doesn't increase, because my salary does not. As the dollar drops, French wine goes up (no tears from you I am sure). Guess what - the California Cab right next to it went up too. With more for fuel, food, etc. I sure eat out a lot less. I see that there is an article in the LA times about that problem too. Eating out is getting lonelier
“Who are you people who only spend your money on food and energy”
“Save your hyperbole for people a litte more gulible...”
I’m an elderly retired rancher on SS. Trust me, retirees like me can only afford food and energy. My ranch is paid for, but to keep my AG exemption, I buy about eight tons of hay every two months to feed my cattle. We make nothing when we sell them. Hay last year was 260.00 a ton. (the year before that only 70.00 a ton—hows that for inflation?)Prairie fires burned a lot of the land.
Diesel 3.35 a gallon for the tractor. If we didn’t raise our own food, we’d be up salt creek, but it takes almost every dime to feed cattle, chickens, buy feed and fertilizer-—then there’s elctricity, fuel to pump water....yada, yada, yada. Sorry to irritate you, but I wonder if you have any idea how many people in fly over country live. Next time you go into a grocery store to buy food you might think of us.