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fred's avatar

The quoting of inflation rates and wage gains is missing the true impact. Inflated prices for the middle class have to be paid with after tax dollars while wage gains don't reflect the actual take home monies after deductions. It makes the shrink in disposable income much larger than those simple numbers

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Don Harrell's avatar

From experience I would say inflation is at least 20%. Price at grocery store is up closer 60% and I don't eat high on the hog. If it costs too much, don't buy it. Try to save money every day. It won't last forever, but this is a long term swipe at the middle class. Not just to defeat, but to destroy. Heartless, selfish , greedy bastards all. Gold, it is the only lasting hope outside of planting the food you eat and growing what you need to survive. They are going for the jugular this time. Invest wisely and there are ways to grow your wealth. There are good, well run companies that will make you money. Maybe not rich, but turn a profit. I can see the highways overcrowded with stalled electric vehicles. Knowing Americans, this won't last till the water gets hot. Buy a bicycle, it may be the only thing you can depend on. Just sayin'

Don Harrell

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