The Fed says we shouldn't worry about hyper-inflation. Yeah...Right! Here are some "real inflation" increases forecast for next year that contradict everything the Fed says:
- Rent 3%
- On-line ads 3%
- Travel 4%
- Overnight mail 5%
- Natural gas 5%
- Freight cost 5%
- Hotels 5%
- Car rental 5%
- Healthcare 6%
- Prescriptions 6%
- Postal cost 7%
- Insurance 10%
- Floodplain insurance 25%
The payroll tax base will be increased $2,700.00. Gas & Diesel will range from $3.45 to $4.10. Electricity will go up about 10¢ per KWH. And on top of all of that, I've talked to some folks around the country who say their health insurance has already gone up 30% to 40%.
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