The likes of the Federal Reserve and Paul Krugman believe that price inflation is in check. If you think about it, they’re right. Prices aren’t going up…if you don’t live under a roof, if you don’t eat and if you don’t need healthcare.
According to a new infographic by Visual Capitalist, prices are skyrocketing for things like healthcare, education, food, housing and so on (much of what the government has intervened in).
Of course, free market capitalism is allowing certain things to fall in price, such as technology, software, mobile devices and toys.
Overall, the consumer price index (CPI) for all items has climbed 55 percent.
Here is the infographic:
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My “Affordable Care” premium is going up 22% starting in 2017. My salary is increasing with a 2% raise. ‘Nuff said.
I’m sorry to hear that, Joe. I wish you the best of luck!
Hey Joe, perhaps you shouldn’t have voted for Obama twice.