Herdfan
Resident Redneck
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According to the CPI, inflation rose 7% in 2021.
That is not good. Aside from political reasons, stuff costs more and families that were already stretched, will need to find ways to pay for necessities.
So has inflation affected you? For me, early '21 was a bitch with lumber prices skyrocketing. That has mostly calmed down now, but many other supplies I buy are definitely going up.
I am fortunate to have not really been affected by the cost of groceries going up but I know some people have been.
So it is really transitory like the WH says, or are we entering a period of inflation like the late 70's?
Inflation rises 7% over the past year, highest since 1982
The consumer price index for December 2021 was expected to increase 7% from a year ago, according to economists surveyed by Dow Jones.
www.cnbc.com
That is not good. Aside from political reasons, stuff costs more and families that were already stretched, will need to find ways to pay for necessities.
So has inflation affected you? For me, early '21 was a bitch with lumber prices skyrocketing. That has mostly calmed down now, but many other supplies I buy are definitely going up.
I am fortunate to have not really been affected by the cost of groceries going up but I know some people have been.
So it is really transitory like the WH says, or are we entering a period of inflation like the late 70's?