Since 2019, the price of basic necessities has undergone a violent revaluation that the official CPI numbers conveniently ignore.
Car insurance is up 56.1%, electricity has jumped 40.4%, and your morning coffee is 46.1% more expensive.
While the "headline" inflation sits at 26% since the pandemic, the ACTUAL cost of maintaining a household has nearly doubled.
This is a structural liquidation of the middle class.
If you don't own assets that inflate faster than these costs, you are being taxed into poverty by a system that refuses to admit the fire is burning.
The CPI is a bedtime story for the poor while the grocery store is a horror movie for everyone else.
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The government is taxing you into poverty.
Since 2019, the price of basic necessities has undergone a violent revaluation that the official CPI numbers conveniently ignore.
Car insurance is up 56.1%, electricity has jumped 40.4%, and your morning coffee is 46.1% more expensive.
While the "headline" inflation sits at 26% since the pandemic, the ACTUAL cost of maintaining a household has nearly doubled.
This is a structural liquidation of the middle class.
If you don't own assets that inflate faster than these costs, you are being taxed into poverty by a system that refuses to admit the fire is burning.
The CPI is a bedtime story for the poor while the grocery store is a horror movie for everyone else.