Reply #91: double /triple digit inflation over many years time [View All]

[pitohui]

"years ago" easily turns $500 into $10,000 because there has been uncontrolled double and sometimes triple digit inflation in health care for many years, since at least the mid 90s if not longer

people don't understand the reality of what inflation has done to these prices, no honest person now can pay these costs just by working hard and saving their money, investments grow at around 5 percent a year, health care costs grow by a minimum of 20 percent a year and in some years it has been in the three digits