Everybody lies. US Inflation data is famously understated, and the number of methodology changes we've had in the last year should alarm everyone. We actually

Everybody lies. US Inflation data is famously understated, and the number of methodology changes we've had in the last year should alarm everyone. We actually saw disinflation in healthcare insurance costs at one point last year, after one particularly criminal adjustment in the calculation by the BLS caused the lowest negative print in decades. The EIA reports since Biden have also been a disaster, to the point where they are "vowing" to work on the accuracy[1]. I highlight this one in particular because of Biden's catastrophic mishandling of the Saudis and the de-facto war on oil his administration is leading. --- [1] https://oilprice.com/Energy/Energy-General/The-EIA-Vows-To-Improve-The-Accuracy-Of-Its-Oil-Data.html https://oilprice.com/Energy/Energy-General/The-EIA-Vows-To-I...