by Andrey Dashkov
Casey Research
Inflation is like a death by a thousand cuts.
You might not notice that prices are going up by a few cents here and there… at first.
But over time, inflation wears away at your paycheck. It becomes much more noticeable… and more dangerous.
An increase of a cent or two every couple of weeks in staple items like gas… milk… bread… it adds up.
And 2020 was anything but a normal year. So far, inflation has reached five-year highs.