3 ms·
$11 -> $17 in 4-5 years is ~9%/year. High, but not 20%, like the parent post claims. CPI actually claims meat and poultry inflation is 10.5% (https://www.bls.g
by creato 5y ago
$11 -> $17 in 4-5 years is ~9%/year. High, but not 20%, like the parent post claims.
CPI actually claims meat and poultry inflation is 10.5% (https://www.bls.gov/cpi/ https://www.bls.gov/cpi/, click Food -> Food at home -> Meat and poultry), so that's not far off eitherr.
I don't think there's any lying going on. It's just that not everything is inflating at 10.5%, and the CPI is just one number describing the whole economy, and you probably mostly notice the things inflating the fastest.