I've just had my 80th birthday, and I've been reflecting on some of the changes I've seen. When I started driving I could ask for 4 gallons of petrol ( there weren't any serve yourself pumps then), and I could give the attendant £1, and say keep the change. $ gallons today will cost over £36, and I have to serve myself. They keep saying inflation is low, but that doesn't seem low to me. Right now the producer price ines is up over 36%, and that is a more realistic indicator than the retail price index bandied about by the government.
It really does seem to be a way for the super-elite with their hereditary wealth to increase their asset value at the expense of the bulk of the population.
First of all I wish you a happy birthday, may you always be in happiness and health, and may we still be able to price Bitcoin up to $100K.
The government will always cover up its weaknesses for various reasons so that inflation will improve and decrease. But in the field, we as citizens experience rejection, where every retail sale or subsidized proves the fact that gasoline prices have never dropped. So who has absolute truth when our daily fuel forces us to spend huge sums of money? At least we know that the way the super-elite invests wealth is by enriching their offspring, not giving us cheap prices.