Well we’re back here on this old saw: inflation.
If you’ve paid any attention to the news for the past… oh, forever, but mainly the last several months, you’ve probably heard nearly unending, daily talk about the inflation rate. According to the US Bureau of Labor Statistics, the Consumer Price Index (CPI) rose 6.8 percent from November 2020 to November 2021. No, we’re STILL not in danger of becoming the next Venezuela.
But we do think it’s time to take another look at what exactly inflation is, how it’s affecting our economy, and why the experience of inflation isn’t the same for everyone.
As always, if you’d like to get in touch…
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