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Report: Inflation Will Cost Average American Family $11,500 This Year

by Chris Menahan


“Americans are set to pay an extra $11,500 this year if they want to enjoy the same standard of living they maintained in 2020, according to new estimates from NerdWallet,” The Epoch Times reports.

From The Epoch Times:

The estimates, published in August, were based on inflation and annual spending data from the U.S. Bureau of Labor Statistics (BLS). Analysts at the personal finance company looked at how spending would compare this year to 2020, when the COVID-19 pandemic began.

Analysts said 2020 was the “last full year when inflation was relatively stable.” In that year, the U.S. inflation rate was 1.23 percent….


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One Comment

  1. Rodney+Sweeney Rodney+Sweeney September 24, 2022

    Dem goal is to crash the dollar by inflation, wiping out govt debt by creating a digital currency. Raise property taxes so high, you can’t afford it, turns it over to state, then you rent your land, from the govt, like euope

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