This is actualy a clever way to track real inflation that people feel in their wallets. The 6.3% annualized rate since 2020 is way mor accurate than what official CPI numbers show. Gas station food is a perfect proxy becuse its a staple for so many people and the prices aren't manipulated by substitution effects like government inflation calculations.
https://youtu.be/G9QWQhOkVK0?si=XuYrryRziamfY9sL
Inflation is always man made
My favorite indicator. One data point per year really cuts out all the noise
This is actualy a clever way to track real inflation that people feel in their wallets. The 6.3% annualized rate since 2020 is way mor accurate than what official CPI numbers show. Gas station food is a perfect proxy becuse its a staple for so many people and the prices aren't manipulated by substitution effects like government inflation calculations.
Right, the cross section between the casey's pizza enjoyer and real-life MAGA *flyover state* guy is high