Inflation Isn’t 3% — Here’s Why the Official Numbers Are Wrong

Inflation Isn’t 3% — Here’s Why the Official Numbers Are Wrong

From Exploring Prosperity- Challenging Pessimism in the US by Bob Dewey

January 9, 2026 · 35 min

About this episode

The episode discusses the discrepancies between real-time inflation data and official CPI numbers, featuring insights from Stefan Rust of Truflation.

Inflation isn’t 3%. In this episode of Exploring Prosperity, I’m joined by Stefan Rust, CEO of Truflation, to explain what real-time inflation data is actually showing — and why the official CPI number may be missing what’s really happening to prices.See my essay about this interview here: We discuss how Truflation measures inflation daily across thousands of goods and services, how its methodology differs from CPI and PCE, and what the data reveals about tariffs, energy prices, food costs, and the U.S. dollar. We also explore whether inflation can be anticipated at all, how global inflation dynamics differ by country, and what investors, policymakers, and households should take away from real-time price data.If you’ve questioned whether inflation has really fallen to 3%, this conversation breaks down what the data says, why it differs from government statistics, and what matters most going forward.Topics covered: * Why inflation isn’t really 3% * Real-time inflation data vs CPI * How Truflation measures prices differently * Tariffs, energy prices, and inflation * Can inflation be forecast? * Global inflation trends * What inflation data means for markets and policy Timestamps…

People in this episode

Host: Bob Dewey

Guest: Stefan Rust

Topics covered

  • real-time inflation data
  • CPI vs Truflation
  • tariffs and inflation
  • global inflation trends
  • market implications of inflation

Keywords

  • inflation
  • CPI
  • Truflation
  • tariffs
  • energy prices
  • global inflation
  • real-time data

Sponsors

Truflation

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