Yes, we are in a long-term moderate inflationary trend, which is normal.
It's the claims of impending severe inflation that I was skeptical of. E.g., averaging over 5% for a full year. We haven't had that since 1990.
my opinion (as I'm sure you know by now
) is that it has been gradually but steadily removed from the figures since back before then, and is still here, at higher levels than that.
if you choose not to include many things that go up with inflation in your calculations, its fairly obvious you are not going to report much.
obviously I know its all CT etc, but there is a pervasive question here that most "skeptics" don't seem very skeptical of, and should be way more so, IMO, and that is that in all those years of gradually meddling and adjusting, not once,
ever, did the figures go up, after the "improvements"
its almost like staring at a "perpetual motion machine", whilst
knowing it cant be true.
edit:
since 1980, but calculated the 1980 way. lets at least compare apples to apples? using oranges doesnt tell us very much in the historical sense.
