What Is The Real Cost of Inflation? It’s very complicated.

Gas, groceries and housing. The three areas where Americans spend the most are all significantly more expensive than they were a year ago.

Inflation at its highest level in more than four decades after increasing to 9.1% in June, which means the majority of Americans are experiencing the first serious and sustained price spike in their adult lives. It feeds on wages, savings, and a sense of stability.

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