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Inflation Continues to Chew Up Your Paycheck

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Inflation continues to chew up your paycheck. While consumer prices rose 0.7% in January, income from all sources, including wages, salaries, interest dividends, rental income, unemployment, Social Security, etc. was essentially flat. And when adjusted for inflation, real personal income fell by 0.5%. In other words, you didn’t put any more money in your pocket […]

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