The Consumer Price Index (CPI) came out for May 2022, showing 8.6% inflation over May 2021. “Experts” claimed this was higher than expected. For the rest of us, inflation feels higher than 8.6%, when we visit the grocery store, go to lunch, or fill up at the pump. In fact, it’s difficult to name a product we regularly purchase that’s ONLY up 8.6%. So, where’s the disconnect between what leaves...
June 24, 2022
Why Inflation Feels Like It’s More Than Reported
24June