Official inflation vs. reality
The Truflation service shows that inflation in the United States has fallen to 1.5%. The Fed says it is 3%.
Official inflation vs. reality
The Truflation service shows that inflation in the United States has fallen to 1.5%. The Fed says it is 3%.
Let's do the math.
In 1952, the average house price in the United States was $9,050, with a median household income of $3,900.
According to official inflation data, this house should cost $107,575 today.
But here's the reality: the average house price in Q4 2024 is $513,600.
The difference is 5 times.
Government inflation: 1.089%.
🔹 Real inflation: 5,575%.
Where is the truth and what are they really fighting?