They may cycle wildly from time to time, but they have been climbing forever.
Name one thing that most Americans have or use that isn’t highly inflated in price in let’s say the last 10 years.
Houses
Vehicles
Groceries
Cell phones
Utility bills
WiFi
Television,cable,streaming etc
Restaurant Bills
Construction materials
Booze
Tobacco
For gods sake a friggin Big Mac combo at McDonald’s cost almost $10 now!
But inflation is in check?
No argument but have you noticed salaries and the stock market over the same period of time?
You might want to check out Slumlord’s treatise and essays on how cheap McDonalds and Taco Bell are lately.