https://open.substack.com/pub/jameslavish/p/pce-and-the-supercore-inflation-reading?r=qkrt6&utm_medium=ios&utm_campaign=post

My conclusions:

1) All these indexes lead to confusion, that is their ultimate objective.

2) As he says, none is accounting for the biggest day-to-day expenses, so they are useless on tracking what they say they track…

3) and most important IMO, they are and will be used to generate mainstream opinion that inflation is coming down to justify QE and avoid the collapse of the system.