You’re not mistaken that box of raisin bran is a lot smaller than it used to be. Remember the FED is always saying it’s just transitory inflation, but price continue to rise.  Wind power, solar power, does not live up to the hype.  The push towards Electric vehicles…when the price of energy goes up you were going to wish you had a gas powered car. 
The Fed must raise the rate but they know the bubble will pop.