How do we know inflation is not a problem? .... because Washington tells us so.
My wife does the shopping and she does not agree.
Do you think this issue will be raised in either party’s ‘debates’? Nah, it would kill their fund raising to take a position. Positions taken in debates are only for fund raising.
She is right. Food inflation in the US is running at an 8%+ rate based on the latest stats.
My wife does almost all of our grocery shopping, but I stopped in Safeway for a couple of items recently. I notices all the little sale flags on the aisles were in increments of one dollar! I couldn’t believe my eyes. All coinage, not just pennies, is suddenly almost worthless.
How do we know inflation is not a problem? .... because Washington tells us so.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Someone, a year or two back posted something quoting Mr. Samuelson to the effect that there has been “virtually no inflation in this country since 1982”, the person who posted this professed to actually believe it! What kind of vacuum does someone live in to believe such garbage? The effective inflation rate for the average worker is much worse than the official figures without a doubt.