What is 'general price level', is there a formal definition for this? > increased faster than CPI is quite difficult to confirm or dispute There's nothing dif

What is 'general price level', is there a formal definition for this? > increased faster than CPI is quite difficult to confirm or dispute There's nothing difficult about that. Take the cost of all necessites like utilities, food, clothing, transportation. Graph cost over time. Compute percentage change year to year. Observe that the increase is higher than officially reported inflation rate. None of these steps is difficult. > Close to zero have them for several years, let alone decades. So they usually go by memory and cherry picking. I have all my finances categorized in GNUCash back to the late 90s. Most of my friends seem to also have similar data, whether in quicken or elsewhere, so I doubt it's close to zero.