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Charles Hugh Smith visits for the first time. Robert Carrington and Michael Oliver return. Something is hugely wrong with our government’s CPI index. Their “inflation” statistics suggest that the cost of living is rising at less than 2% per year. But the living standard of the bottom 95% suggest otherwise. Part of the middle class decline has resulted from disappearing higher paying low-skilled jobs. But of even greater significance is the relentless rise in the cost-of-life sustaining essentials and the foundation of the economy like education, healthcare, energy and labor. Charles will be a
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