Comparing the cost of living from 2000 to 2020: Inflation is a lot higher than you think and your purchasing power is declining.
The cost of living in the US is getting more expensive and the way our banking system is setup, we are primed for continued inflation. Our major purchases are financed with debt and low interest rates so the true cost of many things in our lives are understated by the “monthly payment†mentality that many […]
Comparing the cost of living between 1975 and 2017:Â Inflation continues to eat away at purchasing power in housing and other big ticket items.
For the most part people widely misunderstand inflation. It is a complicated topic. If you ask the man and woman on the street they would respond that inflation is the price of goods going up. This is true in some respect but what people see is merely the outcome of larger forces at work like […]
How inflation is purposely underreported as a justification to maintain low interest rates: Two specific examples with housing and college tuition.
Inflation is largely misunderstood by the public at large. People for the most part think that inflation is the natural economic order and that prices go up naturally. Official inflation figures play a much bigger role influencing cost-of-living adjustments for things like Social Security but also serve as cover to maintain low interest rates. The […]
The 20 small cities struggling the most in the U.S. based on economics, education, quality of life, and affordability: All of the cities are in California.
It is hard to quantify what makes a city great or bad. Simply having a higher income is not enough to separate an area from another city if the cost of living is outrageous. There have been attempts to use cost of living adjustments but the attempt to rank cities has been paltry. Most of […]