Letter: Celebrating ‘only’ a 20% increase in prices
Good news! The inflation rate is down to only 6.4%! Down from 8.5%! Actually, May 2021 was 5% over 2020, 2022 was 8.5% over 2021, and current is 6.4% over 2022. So we’re up a little over 20% since three years ago. If your income was $80,000, the stuff you buy costs $16,000 more than
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