Coffee and Inflation Measures

I bought my instant coffee today. I haven't had any since the end of December. I like Café Bustelo and I like paying $4.99 or $5.49, but places only had it for $6.39, so I quit drinking coffee. I had some at my parents' house over Christmas, but I never had any around here. I drank tea or pop instead.

About a month ago, there was a lot of talk about whether social security benefits (and tax brackets) should be changed. They're both tied to inflation, but the question was whether to change to a different way of measuring inflation. The current way is that if the price of my instant coffee goes up, inflation goes up. This is the Consumer Price Index (CPI). The other way to measure it is to take into account that when the price of coffee went up, I started drinking less of it and drank more tea. Since my expenditures didn't go up as much, this measure would show less inflation. It's called the Chained Consumer Price Index (C-CPI). Detractors of it like to exaggerate and say this method lets you substitute cat food for beef. (Changing to C-CPI is just a way to cut social security benefits and the longer you live, the more they're cut. And social security is basically the most solvent government program we have, so tell anyone who wants to cut benefits either directly or sneakily to go pound salt).

Anyway, back to groceries. I got some ham for the first time this year. Gideon gave me a ham for my birthday, so I couldn't buy more ham. I got some eggs so I can make quiches and omelettes to use up all my dumpling filling leftovers. I was surprised by how hard it was to find chick peas. I want to make hummus, but I need to buy olive oil first. And I got some red pepper flakes.