Originally Posted by
MaxKts
3% per year may keep up with current inflation but that is probably going to change soon.
What it doesn't do is make up for all the years it didn't keep up!
If you honestly think that actual inflation is only 3% you really need to do some serious research on the market price increases of goods over the course of the last 5 years, it's not even CLOSE. Hint: try looking at the increased price of food products.....