Inflation silently and subversively steals our money. Many of the problems and hardships we’re having with the economy right now are because of inflation.
This short post isn’t to explain how or why, but just give you a real-world Ah-ha! moment of how it works.
Simple example: A couple of years ago we bought a dozen Jumbo eggs from Wal-mart for $1.92. Since then, we haven’t gotten any real raises in our income (although I have to admit the Social Security and Military Retirement Cost of Living Adjustments for 2023 were larger than I’ve ever seen before, because, thank goodness, they’re legislatively tied to the inflation rate.). But that same dozen eggs a few months ago cost $5.22. That’s 172% inflation. In 2 years. Unsustainable. They’ve come down a little, but still, food inflation is breathtaking.
But…this post is more of a wake-up call about, well, maybe about how old we are. Randy and I went car shopping today. I remember buying a brand new Ford Explorer in 1997ish that cost as much as the first house Randy and I owned together in Green Bay in 1976. Today we looked at another new car that, OMG, cost as much as 2 (count ‘em! – TWO! 2!) of the first houses we bought in Green Bay.
What are you going to do?
There’s no other point to this post. I’m just still a little bit in shock is all. How have you been astonished by inflation?
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