It isn't 7%

If you bought grocery in the last year.
If you bought gas in the last year.
If you bought a car in the last year.
If you bought a house in the last year.

You KNOW inflation isn’t 7%. https://t.co/OGYTUEOfbP

— Patrick Bet-David (@patrickbetdavid) January 12, 2022

Prices updated from what I wrote a few months ago:

Milk (4L): $4 --> $5
Butter (1 lb): $3 --> $4
Eggs (Dozen): $2 --> $3
Potatoes (10 lbs): $2 --> $4
Coke (6 x 710ml): $2 --> $3
TV dinner (300g): $2 --> $3.5
Peanut butter (1kg): $3 --> $5
Chicken legs (1 lb): $1.5 --> $3
Lean ground beef (1 lb): $3 --> $5

That's the change in my local sale prices in the last 24 months in Ontario, Canada. I doubt the US has it any better. The Federal Reserve increased the money supply by 40%. Prices are simply catching up. Imagine, if you made $20,000 a year before and prices didn't change at all but your income crashed to $14,000. That's the same reality. This is the largest tax increase on the poor since the late 70s.