Inflation Is More Than Mere Mirage
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Isn’t it truly bizarre that during a year when housing costs have risen 25%, the price of gasoline has risen 50% and the price of electric power has doubled, the experts are still trying to sell the public on the notion that there is no inflation [“Inflation’s Revival: Trend or Mirage?” April 29]?
When the cost of three items that represent at least 40% of the average family’s budget has risen an average of 35% in one year, does anyone take these experts seriously?
Sanford Thier
West Los Angeles
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