Even at a “mere” two-percent level, cumulative price increases over time are nothing to scoff at. Even worse, if we look at what people really spend money on, price inflation doesn’t much reflect the conclusions of “official” stats.

Original Article: “Two Percent Inflation Is a Lot Worse Than You Think”

This Audio Mises Wire is generously sponsored by Christopher Condon. Narrated by Michael Stack.



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Two Percent Inflation Is a Lot Worse Than You Think