– Presenting Inflation… (ZeroHedge, June 29, 2013):
In the last two years, according to Intuit, Americans are reaching deeper into their pockets to cover family-related expenses. Given the current concerns over dis-inflationary pressures, we thought the following infographic might highlight just where that hidden liquidity-/credit-fueled inflation is leaking out.
Chart: Mint.com / Intuit
I think the numbers are quite conservative. Only 6% rise in food? I don’t know where they shop, but I see much higher prices than even a few months ago.