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Is Your Cost Of Living Rising? Why The Elites Aren't Worried About Inflation

Is Your Cost Of Living Rising? Why The Elites Aren't Worried About Inflation

Authored by Charles Hugh Smith via OfTwoMinds blog,

If you want to understand why we're fragmenting as a society, start by looking at the asymmetric burdens imposed by inflation.

In our household, we measure real-world inflation with the Burrito Index: How much has the cost of a regular burrito at our favorite taco truck gone up?

The cost of a regular burrito from our local taco truck has gone up from $2.50 in 2001 to $5 in 2010 to $6.50 in 2016.