[CurlyDave]

And, rents our little town are 150% of what they were 5 years ago. That is a big bite.

[cpdiii]

One must realize that the CPI is “adjusted” year to year to reflect what they say is the average consumer basket of goods. With this methodology one can make the consumer price index say anything you want.

A can of Campbell Tomato Soup cost 40 cents the day Obama was sworn into office. Today it is 80 cents. See link below for graph of their soup prices. Also note the graph is on semi-log paper thus the rise does not seem as great.

Inflation is here and it is real despite what Washington DC is telling you.

http://4.bp.blogspot.com/-sGKCI-QgY7s/VX30GeHN6hI/AAAAAAAAMAY/rkU6lrksFSk/s1600/Campbells-Condensed-Tomato-Soup-Unit-Price-per-Can-at-Discounted-Sale-Pricing-1898-01-thru-2015-06-log-scale.png