Opinion

Prices Have Doubled Since 2019

Google LogoMark Us Preferred on Google
Prices Have Doubled Since 2019
Denys Kurbatov/Shutterstock
Jeffrey A. Tucker
|Updated:
0:00
Commentary

The latest inflation numbers offer grim news. The Bureau of Labor Statistics reports a 4.2 percent year-over-year rate of increase in the Consumer Price Index (CPI), mostly driven by energy prices. What’s more alarming is that the news might even be worse than this posted number. The BLS has inherited such a confused thicket of mathematical messes that we struggle even to know the real rate.

Google LogoMark Us Preferred on Google
Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]