It's Worse Than You Know
March 16, 2022
Even big media outlets have been forced to acknowledge inflation is a big problem. It’s sad those running our country are so disconnected from the people they govern that they’re unable to understand how devastating our current wealth-evaporating economy is.
The latest official core inflation figure I saw was 6.4 percent, the highest since August 1982. This is misleading as it’s an average across a range of categories that don’t even cover all of the necessities of life Americans pay for every day. The core inflation rate does NOT include food and energy (gasoline), areas in which t...