>>20997389Hmmm, looking at the US CPI (in absolute numbers which is the best way to view it), the inflation from Aug 2004 to now (20 years) has been around 66%. FED's target of 2% would equate to cca 48% so yanks aren't that far off the target even with the so called "high inflation" of these last few years.
They must have introduced a lot of cheap items into the basket of goods because housing CPI is up 25% since 2020 and transportation CPI is up cca 40% since 2020. Just since 2020.
That means some things must have gotten either cheaper or stagnated in terms of price development.
Oil and gas hasn't really done anything in the past 20 years and gas prices are still bretty cheap if adjusted for inflation. Same goes for electricity.
