The media claim of no inflation; does NOT make sense!

in inflation •  6 years ago 

They still swear that there is NO inflation. But I look at indicators that disagree. Some easy ones are dollar stores. Packages are becomeing smaller, and more diluted; which screams inflation. Same thing at the grocery store. STILL they claim there is NO inflation!

Let's take a more detailed look ove half a century. If I buy a Dime from 1964, it will cost me $2.00 in today's money. This "No iinflation" looks like twenty to one rate of inflation.

If we look at gold prices; in the 1890's we see the peak at $16; today it is about Eighty times as high!

Does anyone even believe that inflation is ZERO, as they seem determined to claim?

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