2 posts tagged ‘Inflation’
"I feel like I'm on a hamster wheel" — US cost of living has skyrocketed since 2020
Boing Boing,
Prices on just about everything in the United States have gone up — way up. Here are some figures from an article in Bloomberg titled, "Just How Bad Is the US Cost-of-Living Squeeze? We Did the Math"that reveal how much prices have jumped since 2020:2020: Groceries = 25% Pets = 17% Electricity Bills = 25% (51% in California) Natural gas = 29% Rent =+20% Used Cars = 35% Car Insurance = 33% Child care = 32% Bloomberg interviewed several U.S. — Read the rest
Economists Struggle to Come to Terms with “Immaculate Disinflation”
The New Yorker,
Experts said that inflation couldn’t be conquered without a lot more economic pain, but it’s happening.