jackieschmidt
Gold $$ Contributor
I’m not buying this 7% inflation charade.7% rate of inflation, takes 10 years for prices to double.
If inflation is only 7%, how come in two years our steel cost have gone up 60%, our submerged arc stainless steel welding wire has almost doubled, our insurance is getting ready to jump 20%, and tooling cost have gone up at least 30%?
That’s a hell of a lot more than 7%.