[dragonwriter]

> Keep in mind that “inflation” as defined by the fed

There is no such thing; the Fed doesn't define or measure inflation.

> doesn’t count food, energy and asset prices.

The primary inflation measures from the BLS (the various forms of the CPI) do include the first two things; they don't include asset prices.

> Who can live a day without eating food, using energy for driving or powering appliances and finally paying for a place to live.

The cost of having a place to live (rent, including imputed rent) is, like food and energy, included in CPI.