I’ve sent this chart once before but felt the need to do it again so we can visualize the CPI price level and what its done over the past 60 years. It puts into context why some scratch their heads about the big fears of deflation that is causing the Fed to act as they are in terms of money printing. As can be seen, the cost of living, aka CPI, is down just .7% from its all time record high.
Category: Think Tank
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.