Although the CPI inflation in August was 2.5%, inflation in many key goods and services is significantly higher, and Americans feel it through rising prices. Do you feel the inflation?

Auto insurance inflation: 16.5%

Transportation inflation: 7.9%

Hospital services inflation: 5.8%

Homeowners’ inflation: 5.4%

Rent inflation: 5.0%

Auto repair inflation: 4.1%

Inflation in food away from home: 4.0%

Electricity inflation: 3.9%

The US Dollar has lost 25% of its purchasing power since the pandemic.

In other words, cash held without interest has lost 1/4 of its value.

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