http://www.mybudget360.com/inflation-is-all-around-us-energy-housing-rents-food-costs/
We sometimes need to step out one generation
to see how massive the changes are in the system. Even today inflation
is hitting the pocketbooks of most Americans. First, inflation
adjusted wages are simply not keeping up. You spend more at the grocery
store and get the same or even less amount of goods. Sending your kids
to college? More of your money is being allocated to this purchase
compared to the previous generation. Housing? The large push of
investors in the market has caused housing prices and rents to go up.
What this means for most Americans is that more income is being siphoned
away into housing. All of these are very tangible impacts of inflation
so why is it that central banking policy is practically ignoring all
forms of this erosion of living standards to continue monetary easing?
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