Are you feeling like the inflation numbers are grossly under reported? Your feeling is right!
Take a look at this chart where the blue line is the inflation as calculated in 1980 (see note below for methodologies). These are really high numbers but note that this is not specifically Canadian issues in fact many countries are seeing much higher inflation numbers.
Source: http://www.shadowstats.com/alternate_data/inflation-charts
What can you do? OWN HARD ASSETS with leverage (good debt).
A note about shadowstats: The CPI chart reflects our estimate of inflation for today as if it were calculated the same way it was in 1990. The CPI on the Alternate Data Series tab here reflects the CPI as if it were calculated using the methodologies in place in 1980. In general terms, methodological shifts in government reporting have depressed reported inflation, moving the concept of the CPI away from being a measure of the cost of living needed to maintain a constant standard of living.
