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Tag: Inflation

THE NIGHT IT ALL GOT REAL.

THE NIGHT IT ALL GOT REAL.

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Last Thursday night, March 10th, at the Oakland County Board of Commissioners, it all just got real. All that inflation talk, all the jokes about “spend it now while it’s still worth something,” all the chuckles at us stoopid-heads, all the joyous flinging of Federal Largesse in all directions, all the happy-happy-happy just…ended.                 Once a little kid was fascinated by this pretty ball, sorta basketball-sized sphere, with little bugs flying in and out, hanging from the outside roof. His…

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THE BIG I: INFLATION MUGGER IS ON THE LOOSE!

THE BIG I: INFLATION MUGGER IS ON THE LOOSE!

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                Congratulations! You got robbed last week. And the week before. All last year! How much? Well, it depends where you live, but basically, you took a 7% pay cut last year. How so? Well, the US inflation rate for last year was about 7%. https://www.wsj.com/articles/us-inflation-consumer-price-index-december-2021-11641940760                 Every dollar you made was worth 7% less than the year before. Every single dollar you’ve saved is now 93 cents. Someone snuck into your house and your bank and your savings and…

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