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Thursday, August 03, 2017

Mike Maloney talks about inflation

Lots of commodities and rents and utilities are nearly double what
they were 8 years ago–and the Media repeats the Obama “no or very low
inflation occurring” meme consistently.

What has aggravated you the most, as far as increased prices, in the past 8 years?

Foods, rents, trucks, college??

Inflation of 1.6%?? According to US Labor dept:

 “The current inflation rate for the United States is 1.6% for the 12
months ended June 2017, as published on July 14, 2017 by the U.S. Labor
Department. The next update is scheduled for release on August 11, 2017
at 8:30 a.m. ET. It will offer the rate of inflation over the 12 months
ended July 2017.”

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