Categorizing products and services experiencing higher inflation is enlightening.

Rhode Island investment expert Michael Riley tweeted a chart recently that rewards closer analysis:

ri929shrugs: People have zero chance to retire anymore. We may as well have our civil war now. Socialists vs capitalists.

Notice a common theme dividing everything above and below “food and beverage”?  Actually, everything from “housing” up is heavily subsidized, in one way or another, by government, while everything below is not.  Basic economics should lead us to expect that subsidizing things increases the price.

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