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Daily Archives: October 29, 2022
We’re Just Getting Poorer. Less “Inflation” Than “Stuff Getting More Expensive.”
We aren’t going through an “inflation” so much as a collective impoverishment. Prices are going up. The October CPI was 8.11%. Wages are not keeping pace with prices. Wages in September grew 6.3%, slowing down after a peak of 6.7% … Continue reading
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