> The term “real” means the values are adjusted for inflation

And that is the cause behind so much distrust in politics these days!

The problem is, sure, inflation as a whole using the official metrics may "only" be 3% YoY.

But WHAT THE FUCK does that have to do with the reality of the 99%, who see their grocery bill, their gas bill, their rents increasing far, far more than "official inflation" says?

The inflation basket includes way too much stuff people buy like, what, once every two decades like new kitchen appliances. It is of no use for me if that price stagnates.