My wife and I are on SS as our only income. Every time we go grocery shopping we become more and more alarmed. Soon we will be eating grass and bark like the NK’s. Our only luxury is our Internet connection and that might be going away soon ... eat or play, that is the question.
Shop around for cheaper ways to get the internet before you cancel it. There’s probably folks on FR who know cheaper solutions. Anyone?
Prices for the non-elites have gone off the charts. I think one of 0’s moves is to completely strip the financial holdings of the middle class. Jarrettdix say there would be payback...
<img src=”http://i.imgur.com/YY7D6cg.jpg"
Plant a garden and get some laying hens.
Wife and I are in the same boat. Every month we’re dipping into our savings. If we scrimp all we can we’ll run out of savings in about 4 years. And that’s only if nothing major breaks like the AC or the car or our bodies. I know we’re better off that a lot of people and we’re grateful for that. But it’s getting very scary. And it’s going to get worse before, or if, it ever gets better.
By excluding those two item categories from the CPI, the Federal Government has essentially made the COLA's for local, state and federal pensions and Social Security disappear.
What's left in the indices? Basically, only durable goods and a number of related items under serious deflationary pressure because of currency manipulation by the Chinese.