Opinion: The Fed is missing a crucial turning point in its fight against inflation because it believes in flawed data

The Fed can’t see the next potential economic meltdown because it’s still looking in the rear-view mirror, seeing nothing but High inflation. The risk arises because the CPI and PCE – the two most important measures of inflation – have a fatal flaw in the way they measure shelter costs. “ If you get your … Read more

The surprising truth about the future of Social Security | Smart Change: Personal Finance

(Selina Marangian) Here are some scary headlines you may have come across that give the impression that Social Security is on the way to becoming a thing of the past: “Social Security is expected to be insolvent a year earlier than previously expected” (New York times, 2021) “Why is Social Security running out of money?” … Read more