A little over a month ago we did a quick poll on what our readers thought the real rate of inflation was. The idea for polling our readers came from the disconnect between the official government rate of around 1% and what some had told me they were experiencing first hand.
Thank you to everyone who participated, particularly those who shared frustrating examples of the ever-increasing cost of living. There were close to 100 pages of reader comments, and I read them all... every single word.
This week's column is primarily written by you, our loyal readers. You will recognize the reader comments as they are indented. Here is one example to get us started: Continue reading "The Real Inflation Rate and What to Do About It"