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Archive | January 21, 2013

How High Is Inflation Really?

The commonly used rate of inflation, 3%-4%, is used in so many formulas for retirement, investing, and “cost-of-living” increases.  But, is that the right number?  A   story released by the American Institute for Economic Research claims that the real rate of inflation is closer to 8%. Where is this number coming from?  The reports are  Click to Continue