GDP Forecast Keeps Rising -- February 28, 2023

Link here. 

The "inflation" meme? It gets tedious.

• CNBC this morning: high transsporation costs
• regular gasoline here in north Texas today -- $2.58. 

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Historical Inflation Rates, 1914 - 2023

Link here.

 

This was pretty much the majority of that part of my adult life in which I was earning a living and raising a family, for me, 1977 - 2007. Pay particular attention to 1973 to  1976, and then again, 1977 - 1982. The year 1977 was relatively good compared to what came before and what came after:

 

Now, on a fixed income:

 

And for those who prefer the alternative, 1929:

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Global Inflation