[thomashobohm]

That's not how any of this works; inflation statistics are calculated by the Bureau of Labor Statistic, independently of the Federal Reserve.

There's no conspiracy among Fed economists to try and hide inflation.

[skrtskrt]

I didn't say the Fed calculated it. I did say they reference it to say their policies (or whoever's policies) aren't causing inflation.

When a majority of leading economists subscribe to economic views that don't reflect the lived reality of an average person, it may not be a conspiracy, but the effect (groupthink) is similar.