>If those fake rates were true Energy and food prices are volatile, as they depend on exogenous factors. Try reading about droughts and wars. Your new car is

>If those fake rates were true Energy and food prices are volatile, as they depend on exogenous factors. Try reading about droughts and wars. Your new car is more expensive in 2014 because it's safer, more fuel efficient and technologically superior in every way to your 1997 version. Only the ignorant think the CPI reports are fake. Perhaps you should read up on the methodology of how it's calculated. There is a whole world of finance that depends on a reasonable calculation of inflation rates. I suppose we are to believe the best financial minds on the planet are wrong in their bets, and you are right?