logoalt Hacker News

carefree-bobtoday at 2:50 AM1 replyview on HN

$3 a gallon is less than a dollar per liter. Do you live in Saudi Arabia or a gulf state?

Here are historical real (inflation adjusted) gas prices for the US. You can decide how terrible this is:

https://fred.stlouisfed.org/graph/?g=1UWwx


Replies

hedoratoday at 3:55 AM

I can’t decide if the economy has bifurcated or if these inflation stats are totally bogus.

Diesel is almost $7/gallon here. All the stuff we buy (food, services, electronics) are up 30-100% since the beginning of last year, but federal inflation stats claim 3%.

show 1 reply