Brunswick on Nostr: Somehow you've managed to be a magnet for Eastern Europeans. Although I'm natively ...

Somehow you've managed to be a magnet for Eastern Europeans. Although I'm natively American, my heritage includes Northern Slavic. With regard to the definition of inflation and the measurement of the economy and numbers that the government publishes, I think we can be safe to say that none of it has any meaning whatsoever. Below I will attempt to define new terms for this discussion.

Currency inflation is a simple equation that should be separated from the notion of deflation, where currency inflation could be defined as total defaults (including accumulating national debts) on uncollectable debt subtracted from the amount of net currency that's exported overseas through trade imbalances.
Economic deflation, on the other hand, is a sum of the increase in population, increases in the earning potential of the population, and the deflationary effect of increases of production efficiency. Currency inflation is easily measured whereas economic deflation is not as easily measured because it is measured using the unit of the inflationary currency.
What the government attempts to do is to measure economic deflation by using what they call a basket of goods to somewhat represent the actual expenses that a average person undergoes throughout the year, then represent that in units of the deflationary currency. Of course this activity of the government performing these measurements is inherently corrupt, thereby they hide the misdeeds of Congress through the generation of these numbers. It should be noted that regardless if the source of sociological statistics is public or private, they will always be skewed and falsified to benefit the originator.
Therefore, to use any number that originates from the government that could negatively reflect the performance of the government or of the economy as a whole, which is being managed by the government and the regulators, is to trust that the government can ever act in our best interest. You're far better off to do your own kitchen math on the back of a napkin than to trust any number that the government publishes.
With this information One can estimate true economic deflation through observation of the marketplace. And one can also calculate, based on numbers provided by the Fed actual economic or monetary inflation given that all this information is centralized through the central banks. With this, you can calculate actual universal theft from through money printing.