Keep in mind that “inflation” as defined by the fed doesn’t count food, energy a...

dragonwriter · on Jan 19, 2021

> Keep in mind that “inflation” as defined by the fed

There is no such thing; the Fed doesn't define or measure inflation.

> doesn’t count food, energy and asset prices.

The primary inflation measures from the BLS (the various forms of the CPI) do include the first two things; they don't include asset prices.

> Who can live a day without eating food, using energy for driving or powering appliances and finally paying for a place to live.

The cost of having a place to live (rent, including imputed rent) is, like food and energy, included in CPI.

refurb · on Jan 19, 2021

Keep in mind that “inflation” as defined by the fed doesn’t count food, energy and asset prices.

Yes, inflation does count all those things. At least if you regard housing as an asset (inflation of implied rent).

I mean the definition is public. Not like anyone is hiding anything.