Inflation predictions for ending 2022 and into 2023
Inflation in 2022 has been relatively low, with the Consumer Price Index (CPI) rising by an average of 1.8% according to data from the Bureau of Labor Statistics. This is slightly below the Federal Reserve’s target inflation rate of 2%, which is considered to be healthy for the economy.
Gear up For Higher Prices through Inflation: You Should Christmas Shop Early Based on Shipping Costs.
The world is flush with access to capital and it is very clear that there is massive pent-up demand from the last 1.5 years because of the pandemic. As the US and other economies started to open, people have money to spend and are going out there and putting pressure on supply chains. For all […]
Examining the cost of living between 2000 and 2019: Inflation has played a big part in shrinking the American middle class.
Most Americans are familiar with Alice in Wonderland. The Red Queen’s race in the story highlights Alice running but remaining in the same spot. Many Americans can relate. They are working harder yet somehow feel stuck. Putting more and more energy just to stay in the same spot economically. And many are unable to keep […]
You have been lied to about inflation and here is the proof:Â Take a look at where we have gone since 2000 to today.
I know it might be hard to believe but the way we measure inflation understates the true devaluation of your purchasing power. You feel it by how much tighter your budget is or by your perception of the cost of items going up. Inflation is actually rather high and it has been inflamed thanks to […]