Adapting to the Worst of Inflation

A redditor shared this image recently, produced by the American Enterprise Institute, which is one of the best visualizations of inflation:

inflation trends by category.

Other countries will have different % changes, and many are subsidized by taxes or high fees for other groups. For example, international students often pay significantly higher fees than locals. Despite the funding supports, most aspects leading to high inflation can be found everywhere. The historical comparison is even worse, when we consider the lack of value gained, or lost, with rising costs. By adapting to the worst of inflation, we can focus on enjoying the benefits of the deflating categories.

Hospital Services >+200%

While many costs in healthcare are inflated by medical errors and conflicts of interest, there are legitimate drivers as well. The global population is aging, and our health ultimately worsens with age. Poor global policy decisions have led to the rise of several pathogens resistant to treatment. Hospitals are the worst hit by this, both in the difficulty treating people and maintaining sanitary environments.

Ways to react
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