By Jim Puzzanghera
When it comes to inflation, the price might not always be right, and that has consequences for the nation’s economy and the pocketbooks of average Americans.
The pace at which prices are rising — known as the inflation rate — is crucial to important policy decisions, such as setting the poverty threshold used for food stamps and other government assistance.
In recent years, inflation has been sluggish as the economy has recovered from the Great Recession. It’s the reason why Social Security recipients are expected to find out this week they’ll get only a tiny cost of living increase next year.
Read the Full Article at www.latimes.com >>>>
ATTENTION READERS
We See The World From All Sides and Want YOU To Be Fully InformedIn fact, intentional disinformation is a disgraceful scourge in media today. So to assuage any possible errant incorrect information posted herein, we strongly encourage you to seek corroboration from other non-VT sources before forming an educated opinion.
About VT - Policies & Disclosures - Comment Policy
Due to the nature of uncensored content posted by VT's fully independent international writers, VT cannot guarantee absolute validity. All content is owned by the author exclusively. Expressed opinions are NOT necessarily the views of VT, other authors, affiliates, advertisers, sponsors, partners, or technicians. Some content may be satirical in nature. All images are the full responsibility of the article author and NOT VT.
