Originally Posted by manchambo
And how, in any event, could four years of single-digit inflation account for a 100% increase in gas prices?
I am thinking more about the price inflation of commodities (like oil, wheat, and corn), real estate and other assets. Also consider the price inflation of education, and real estate, etc.
So, while the Consumer Price Index (minus certain kinds of food and fuel) might only be increasing at about 3% per year. The price of clothes and consumer electronics (which aren't produced in the U.S.) is not what I'm concerned about.