Checklist for Claims that “There’s No Inflation”

From Zero Hedge/Shane Obata (bold original)

Presenting the “There’s No Inflation” Checklist

1) Don’t go to school – if you want to learn then turn on CNN. 

2) Don’t pay for medical care – if you get hurt then put on a band-aid and drink more water.

3) Don’t pay for transportation – if you have to get somewhere then teleport.

4) Don’t eat – if you HAVE to then cut your food into small pieces so it lasts longer (cough cough cough #McResources cough).

5) Don’t buy a house – if you have to live somewhere then pitch a tent in your local park.

6) Look at stupid charts such as:

* because CBOs projections are always right (warning: do NOT check the CBO's track record)

7) Ignore charts such as:

8) Stop paying for things, idiot.

I may add

9) Don’t ask why product sizes have been getting smaller. Also never wonder why some of the quality of products have diminished. (This is called shrinkflation or value deflation) see examples at CNBC or at Dr. Malmgren’s Pinterest