Inflation is worse than it looks

The government recently announced that the 12-month rise in the CPI slowed from 8.5% in March to 8.3% in April.  But this is not good news, as inflation is actually getting worse. People have become used to thinking of inflation in a “let bygones be bygones” fashion.  Don’t cry over spilled milk; let’s focus on … Continue reading Inflation is worse than it looks