The politicians say that there is no inflation. That is a LIE!!!
There is real inflation in food and apartment rents.
Lets take food as an easy example. Today I purchased my orange juice on sale for
2 for $7 for two containers. Same sale price as a year ago. So you see where the politicians can lie about this.
BUT THE REAL DIFFERENCE IS THAT A YEAR AGO THE CONTAINER WAS 64 OUNCES AND TODAY THE CONTAINER IS 59 OUNCES. So it costs me the same for 5 ounces per container less.
While the retail price is the same, I got less product. That is inflation.
So lets see how much the product would have cost if there was still 64 ounces per container. The math: $3.50 divided by the actual ounces of 59 times the old number of ounces we used to get 64 equals $3.80. $3.80 minus $3.50 is $0.30.
This means that we are paying $0.30 more per container or 8 AND A HALF PERCENT MORE. THAT IS REAL INFLATION.
AND THAT'S THE TRUTH
Straight Talk with Jay Clifford
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