Will their Lies Stop You from Affording Rent?
The Secret tax that is Inflation
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Without further interruption.
Don’t Look Behind the Curtain
Nothing lasts forever, as it seems the charade with the US Fed is closing in on the endgame. The manipulated M2 & M3 metrics have fallen and now CPI is showing cracks as well.
Today the US Bureau of Labour Statistics released their inflation numbers. And the Fed is not too happy about them. Powell can no longer claim that “Inflation is Transitory.”
Officially CPI is now “7%”
12 Month % Change, Consumer Price Index, not seasonally adjusted
Inflation is now the highest it’s been in over 30 years.
Indeed it is, but 7% is far too low.
Used Cars are 37%, but new cars are only 12%? Gasoline is 50% and Meat is 12% but generalized inflation is only 12%?
Something isn’t adding up.
Inflation is much higher.
Everyone knows the CPI is faulty government metric used to cover for the rampant inflation. It doesn’t contain the necessary basket of goods needed for life.
But if this faulty metric is at 7%, what’s the real number?
How bad could it be?
Well it depends on which CPI Basket you use…
Thanks to our friends over at ShadowStats we know inflation is anywhere from above 10% to over 15% depending upon which basket of goods is being measured.
Yes 15%
The basket has been changed several times to “reflect modern life” or to hide inflation, depending on your thinking. Regardless of the Fed’s motives…
If you didn’t get a 15% raise, or make 15% in the market you’ve unwittingly lost money.
Through no fault of your own you may have lost money. If you didn’t make 15% or more, don’t worry there are still some strategies we’ll cover to help beat inflation.
But there are more metrics that show that number is even higher…