[HN Gopher] What used cars tell us about the risk of too much in...
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What used cars tell us about the risk of too much inflation hitting
the economy
Author : troydavis
Score : 11 points
Date : 2021-03-13 20:27 UTC (2 hours ago)
(HTM) web link (www.washingtonpost.com)
(TXT) w3m dump (www.washingtonpost.com)
| seibelj wrote:
| My grocery bill is up 40% from pre-pandemic and I shop at the
| cheap grocery store. I buy basically the same stuff as I have for
| the past 10 years. Yet the government claims inflation is
| minimal. Combined with the value of my property rising and my
| 401k, I refuse to believe inflation is what the government
| claims. Huge scam going on here. The government has no incentive
| to say CPI is rising because that would require them to raise
| social security payments, raise interest rates, and slow down on
| money printing. So my conclusion is they are lying, because I see
| inflation staring me in the face.
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(page generated 2021-03-13 23:02 UTC)