DON'T BELIEVE THE HYPE
CPI, Core CPI, PPI. They're all crap. The government chooses a variety of things that cost money and determines whether the prices are going up or down. As if some mystical Wizard of Money sprinkles fairy dust on the "basket."
Core CPI, the "basket" that omits energy & food, is made up. It's all made up. Inflation is, simply put, an increase in the amount of money + credit. More money and credit chasing a static amount of goods? Prices up; inflation. Less money and credit chasing a static amount of goods? Prices down; deflation. Though the latter hasn't happened since 1933.
And where does this increase in money come from? The Federal Reserve. The "printing press." Milton Friedman's "helicopter drop."
Inflation is a hidden tax. Everyone who holds cash sees the value of that cash go down. Why is gold going up? Why are all commodities going up? Why is food going up? There are plenty of reasons in play, but you'd better believe that the massive increase in money supply is a key factor.
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Why do we have inflation every year? Because the Fed increases the money supply. And why do they do this? Because it's in the interest of . . . well, just about everyone in Washington to do so. Inflation cheapens money. And who wants cheap money? Debtors. You owe $100, it's easier to pay it off if you can "buy" $100 for less. The United States is the world's greatest debtor.
Connect the dots.