[WalterBright]

Recently, bell peppers at the store went from $.99 to $1.29. That's 30% inflation.

The WSJ also wrote about how the government inflation figures understate inflation, because of things like:

1. shrinkflation - the container has less food in it for the same price

2. unbundling - the extras become extra cost items (a big example of this is luggage fees being separate from the ticket price)

https://www.wsj.com/articles/shrinkflation-is-in-the-air-onl...

Inflation is significantly higher than the government figures.

[zeroonetwothree]

This is false, they actually do take it into account. It’s a pretty obvious thing to do after all, it’s not like the CPI is calculated by morons.

https://www.bls.gov/opub/btn/volume-12/measuring-shrinkflati...

[WalterBright]

The CPI is not calculated by morons. It is calculated by the government with a strong incentive to come up with as low a figure they can get away with.

Sort of like the Soviet industry production figures, which included phantom industries pumping out imaginary products. GDP looked great!

[robertoandred]

No, that's your store charging more for bell peppers.

[WalterBright]

And everything else.