We are starting to see more articles, like this at San Diego Union Tribune, noting that official government inflation statistics are a crock.

I will note that the changes in 1983 to a large degree took housing out of the picture, which is why Alan “Bubbles” Greenspan was so bullish on real estate^*, and those in 1998 used hedonic mumbo-jumbo to create the illusion of low inflation.

If you assume that inflation is 2% more than official numbers over the past 35 years, prices have doubled relative to official inflation at 3¼% more, it’s triples, and at 4%, it quadruples.

We may be seeing a tremendous drop in the standard of living of the average American over that time that has been deliberately masked by our government.

^*It allowed him to call inflation in a necessity, housing, an increase in wealth. If memory serves, Greenspan was at the center of both adjustments