Yes, we’re writing more about price inflation, a topic that the rest of the United States continues to ignore. This chart illustrates perfectly just how expensive everything is getting in the nation, but the federal government, the Federal Reserve and Paul Krugman persist remains in denial. From medical care to tuition, everything in the economy has pushed higher than the consumer price index (CPI) since 2000. Indeed, the CPI is something that shouldn’t even be given the time of day.
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