> clothing, *shelter*, fuels,

(Emphasis mine)

> Convenient how it never tracks housing cost increases

I think that is included in shelter. I might be wrong.

> Convenient how it doesn't also include housing cost increases …

It does, but only urban renting. It doesn’t measure increases in housing costs for suburbs directly. In particular it does not track increases in home values or mortgage payments for new buyers based on current rates.

POTUS has been reported as saying that hes waiting for midterms to end before taking action. I see at least two more years with no rate cuts; the possibility of fuel rationing also appears to be possible in light of all the refining/logistics facilities being wantonly destroyed. Its going to be a very rough time.

I eat at Taco Bell way too much, in Manhattan, and this is hogwash. I'm looking at the menu on my phone right now.

A cheesy bean and rice burrito (404 calories) is $1.49.

Not only are there no single items anywhere close to $12, there are seven combos (that include a drink) for under $12, and the most expensive ones are $13-14 (excluding group combos).

My typical order costs $8.48 with tax and includes two crunchy tacos, a beefy 5-layer burrito, cinnamon twists, and a medium drink.

If salaries also took the elevator, then it's a recipe for hyperinflation. Slow wage growth is a natural check on runaway inflation. Yes, it's cruel on an individual level, but on a macro level, we are better off.

The ideal way inflation should come down is increased capacity and/or lower government spending

Climate activists rejoicing!

A good opportunity for everyone to start thinking about improving their (current/future) home insulation - if they can afford it, that is.

For example in the EU, while good insulation has always been a given in the Nordics for obvious reasons (although modern buildings are even better!), it's only relatively recently that these topics have started to be taken more seriously in the south. Energy costs were generally affordable, and there wasn't as much focus on the environmental side of things (i.e. using energy more efficiently to reduce pollution or switching to cleaner energy sources).

Just trying to shed a positive light on all of this, even if things are gonna suck for a while.

Here in Ireland it seems like I'll be spending north of 1k in oil heating thanks to certain armed conflicts... and I still have 200 liters from the previous owner. 840 EUR for 500 liters, who knows if that will be enough for this winter.

I thought the same a bit too. My conjecture is that people working in tech usually live a high-growth area, and tend to experience much higher inflation due to local growth. This also explains why younger people tend to be hitted more

They are shopping at a place with hedonic adjustment.

Yes. I get that these metrics aren't always measuring the world from the view of a real person. But my income over the last few years has been tied to the official interest rate while my spending habits have stayed the same. Yet I've gone from socking away a bit every month to starting to cut back a bit as I was winding up negative every month. At least for this single person's anecdata, the official inflation rate is much lower than my real life inflation rate.