Highest Inflation in 30 Years

Your Dollars are a Melting Ice Cube

The latest CPI (Consumer Price Index) numbers came out this week, and they don’t look good. Official numbers say that prices over the past 12 months have jumped an average of 6.2%, which is an incredible amount of purchasing power to be losing each year. It’s also the highest inflation we’ve seen in the USA for 30 years, and some suspect that the number could be even higher than what’s been officially reported.