Monday, July 16, 2018
No inflation?
Now that I've got a lull in work, decided to check grocery inflation. Back in 2014 I made a list of my standard items. I compared them with the same items on today's Safeway receipt. Each 2018 item is 1.4 times the earlier price, which means 40% inflation over 4 years. This factors out to 9% per year.
The DC and NYC "experts" are still wondering why we don't have inflation. The prices paid by "experts" haven't gone up, by trivial definition. "Experts" get everything for free, just for being who they are. Infinite income, infinite status, zero expense, zero tax.
For normal humans who PAY FOR STUFF, the average of normal expenses is well over 9%. My Medicare B payment to Group Health has gone up from $50 in 2015 (first year I hit 65) to $110 now. That's 30% per year.
Labels: #DeplorableLivesMatter
¶ 9:58 AM
