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by kajumix 959 days ago
I eat a lot of eggs and meat, and their prices are at least 50% higher than last year, not 6%. Inflation measures are such a joke.
5 comments

> I eat a lot of eggs and meat, and their prices are at least 50% higher than last year, not 6%.

But the average person doesn't eat only eggs and meat, which is what the 6% reflects.

I don't eat any eggs or meat, and I don't own a car so I didn't pay for gas during the price spike last year. I was only impacted by inflation when my 5.50 latte went up to 6.42. Don't love it, but not enough to make me want to vote against democracy existing.
Eggs (at least in my area) have gone back to normal in the last couple months ($2 for an 18 pack instead of $6)

Beef on the other hand...

We use a basket of goods to measure inflation. There is endless debate about whether the basket is representative, but it is almost certainly more representative than just "eggs and meat".
Yeah, but you can get $7,500 off an electric vehicle!
Not sure what you're getting at with this. Are you eluding that these clean vehicle rebates are directly contributing to food price inflation? Are you saying policy is focusing on the wrong things to subsidize or what?
Eggs are a solid 70% less than they were last year for me. A dozen is $1.50 compared to like $5 last year.