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The government says inflation since 2000 is 93%.
That number is calculated using a basket of goods that economists and government officials agreed on decades ago, weighted in ways that consistently undercount the things ordinary Americans actually spend money on every single month.
Here is what real prices have done since 2000 according to actual market data:
Ground beef is up 347%.
Family health insurance is up 320%.
A Snickers bar is up 292%.
Public college tuition is up 243%.
Educational supplies are up 178%.
A Big Mac is up 173%.
Coffee beans are up 164%.
A Ford F-150 is up 154%.
Eggs are up 152%.
The median home price is up 145%.
Laundry detergent is up 138%.
The government's official inflation number over the same period: 93%.
Here is what most people do not know.
The Bureau of Labor Statistics calculates CPI using something called "core inflation" which deliberately strips out food and energy prices because they are considered "too volatile."
Those are also the two categories that every single American spends money on every single day.
The government's preferred inflation measure literally excludes your groceries and your gas bill by design.
On top of that, the CPI uses a concept called "substitution bias" which assumes that when beef gets expensive, you switch to chicken, so beef price increases do not fully count.
It also uses "owners' equivalent rent" instead of actual home prices, which is why a 145% increase in home prices barely registers in the official number.
The result is a number that looks manageable in a government report and feels completely disconnected from reality at a grocery store checkout line.
US inflation is officially running at 3.8% right now. Wholesale inflation just came in at 6%.
The Iran war is pushing oil above $100. And the Fed has not moved.
The government is not lying about the number.
They are just measuring something that has very little to do with your actual life.