link to original reddit post by /u/mrpenguin_86


You'll hear lots of people try to defend statist policies and poo-poo getting out of the USD from fears of inflation because they claim that the CPI hasn't actually been going up at all over the past couple of decades, not more than a few %. However, remember that CPI is a statistical tool meant to cover the entire country (e.g., housing being stable in Ohio tempers housing being out of control in SF/NYC/LA in the analysis). And if you were to isolate the big driver's of ones cost of living, these statists should be worried, especially those living in more progressive parts of the country.

College tuition, which often costs a cool $250k over 5-6 years (the average US bachelor's degree length), has been spiraling out of control. This often constitutes a substantial amount of money that a person will spend in their life.

Housing is also insane, especially in progressive strongholds. Housing looks nothing like the CPI and has been increasing 5-15% annually in most progressive areas.

Medical premiums have also been shooting up, and most people are paying $5-$15k for premiums (considering how much employers pay in this calculation).

So, when you really think about it, sure, you can get a bitchin' 60" TV that you'll use for 5 years at Costco for like $600, and the price of fruit hasn't changed much, but the prices of items that you'll spend $100,000s on over the course of your life have been shooting through the roof for years.

Inflation is real. Don't let statists think otherwise.