How is your CPI "baby"

www.fed.gov

Is your CPI 3.5%? If not go figure it out.

This condition does not require medicine, but it is very important for your wallet and your investments.

The Federal Reserve and the Government continue to release data showing that Inflation and the Consumer Price index are at a low in the range of 3.5%. Is that the truth and the numbers are a reflection of something? The fact of the reporting on those numbers is as fictional as a novel. The Federal and Government around the planet interpretation of inflation and Consumer Price Index have nothing to do with people’s economics, and that is what they suppose to reflect, the people behavior and capital cost with the median of spending habits in mind. Basically, reflect the increase in costs in people’s expenditures.
Is your inflation and CPI at 3.5%?
Most likely your real and most of Americans CPI is in the range of 7% and in some cases if you have kids your personal CPI could be as high as 25%.
You might wonder why the government will cook this numbers, as if they were Enron. Simply put if it is a devil agreement of economists to keep it quiet and those who control government. If they announce the real CPI, people will realize that their salaries will have to increase, pensions will have to be adjusted, labor contracts, you name it, the impact will be across the board and it will be a positive welcome to the most disadvantage people in society. Since when, any government will provide the most disadvantage people with anything unless it requires a fight. It will be a first.
Well, the only way to learn what is your real CPI is to have a control of your income and expenditures, but that will be too much to ask.
Simply look at the most direct needs of people data from the Federal Report:
Housing: up 18%
Gasoline and other oil derivatives: 32%
Food and staples: up 11%
Schools (colleges): up 12%
Decent Clothing: up 14%
Medical Costs: up 19%
Salaries up: 0.7 %
So if you are in the red by the end of the month. Maybe you need to start recording your expenses and income. As next step, bring those numbers to your elected people attention at the next town meeting. Who knows maybe the next your heard is that Congress is asking questions about how the CPI is calculated and salaries are up more than 0.7% or you keep losing ground every year it passes.