WinstonSmith wrote:
When people are at the grocery store paying $175 for a basket that cost them $100 4 years ago they do not get very excited about the Fed declaring that inflation is under control.
The US dollar is the global currency. When the US dollar is artificially inflated by bad fiscal policy it hurts the whole world.
My normal chipotle order is $20 now. It was $13 in late 2020 / early 2021. Chick fil an and Starbucks are similar. Even yogurt is roughly $2 for a 5.3oz container.
