Myth of no inflation

Number of the Week: Americans Dipping Into Savings - Real Time Economics - WSJ: "The less money they have for a rainy day, the more vulnerable they will be to job losses and other income shocks. As we have learned in the most recent crisis, credit is far from a perfect substitute for a healthy bank account." What a brilliant deduction. The problem of saving for a rainy day is that wages are not growing to meet inflation regardless of what the "official" number on rising costs. Ex out food and energy is the most ridiculous thing ever done by the government. Food and Energy have been skyrocketing and on a steady trend upward for several years. The myth of no inflation just because housing has been devastated is a complete lie. However, it is a number that is pushed hard and it supposedly keeps people grateful for one thing positive, yet when they go to the store or to the gas pump, or pay their power bill they are getting hammered. No doubt about it. Make big money in penny stocks today