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