I do understand this point, but am trying to be honest as a consumer. My family has only ever really liked ribeyes. If they've doubled in price, that affects us. That say, stew meat or london broil didn't doesn't affect our bottom line.
With all due respect, is it lost on you how utterly ridiculous this statement is?
If all the products have increased in price then inflation is higher than reported.
So higher inflation in premium goods is seen as a crisis. Notwithstanding how fast we'd cook the planet if everyone demanded ribeye every week...
A particular consumer's habit of consuming very specific high-end goods or services which is immune to substitute goods is not how inflation is determined. It would make as much sense as claiming inflation skyrocketed because you only wear Air Jordans and the latest model is sold for around $200 while last year they sold for $120.