Just how does the government figure the CPI( consumer price index)… I know it doesn’t include gas or food and other necessities of life! According to the January CPI, inflation for 2020 was 1.4%

Go figure. A gallon of gas was $2.25 last month. Today it is $2.75

I took my sweetie to dinner on Saturday. It’s been a while due to Covid. Cost 20% more than last year. Heck you can’t get lunch for less than $10 at a fast food restaurant.

Inflation is coming folks…

Bushel of soybeans was $9 now $14
Bushel of corn was $3 now $5.50
Grains have nearly doubled
Sirloin steak is 9% higher and going up fast!
Whole chicken is 13% higher
Ham is 10% higher
White bread is 14% higher
Phoenix housing is at least 13% higher
Phoenix rents 10%to 15% higher
Bitcoin $15,000 to $51,000
Silver $18 to $27 but it costs $35+ if you buy it local
Truck prices – ouch!

Inflation kind of sneaks up on you, then sticker shock.

The professionals recommend a balance of:

Real Estate
Cryptos
Gold
Silver

As inflation hedges.

That’s what we’re doing at Blue Skies Land- especially the land part.

How about you?

Be safe,

Bob