… Well, ok, almost without comment: those price increases are directly due to the federal government wantonly printing money at an amazing rate, all in the name of "quantitative easing", which has the entirely predictable and arguably planned-for result of devaluing the American dollar. The simpler explanation is that goods are not getting more expensive; the dollar is simply worth less.
(Courtesy of Nobody Asked Me.)
[...] here’s a handy score card. Honestly, though, the fact that the price of a gallon of gas is up almost 80% isn’t exactly [...]
I don’t get why the price increase for gasoline is shown as 79%. My math says 110%
Hm. Could not say – I did not generate the chart. But you might want to point that out to OldNFO
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