RE:RE:10 year US treasury yieldWell OK, but measure inflation in how many more hours someone needs to work in order to make ends meet. Measure it in time. What could a plumber buy with after tax earnings for one hour's worth of work ten years ago compared to today?
Fact is that the published inflation rates don't come close to reflecting reality. Back when I was a kid, dad could support a family with 4 kids while mom worked at home rsising the kids. These days mom and dad can't make many kids because they're both working multiple jobs just to cover the bills.