We have been getting some more misleading economic data in our government's reports on very slight increases in retail sales.
Without going behind the numbers one would think Americans once again are buying more stuff.
That, however, is not the case. They're actually buying less but the stuff they are buying costs enough more to cause the number of dollars spent to increase a bit.
As is shown by this report, -- although it makes light of, and understates what we're just beginning to experience -- even The New York Times is being forced to admit that inflation is coming back.
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