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Rumor Mill News Reading Room, Current Archive

You have been lied to about inflation and here is the proof: Take a look at where we have gone since 2000 to today

Posted By: RumorMail
Date: Friday, 22-Nov-2019 20:10:08
www.rumormill.news/92491

Snip

I know it might be hard to believe but the way we measure inflation understates the true devaluation of your purchasing power. You feel it by how much tighter your budget is or by your perception of the cost of items going up. Inflation is actually rather high and it has been inflamed thanks to our policy of low interest rates and a tendency to own people via debt. We will look at the actual raw numbers of inflation as they are given to us via government statistics but take a deeper look as to what the cost of certain items really is. The results may shock some of you.

According to this chart, the overall CPI is up 43 percent since 2000. That seems modest over nearly 20 years right? But you have to break down the components deeper to understand inflation is much higher. Take a look at the various segments broken out:


Charts and more on Link



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Articles In This Thread

You have been lied to about inflation and here is the proof: Take a look at where we have gone since 2000 to today
RumorMail -- Friday, 22-Nov-2019 20:10:08
Reader: 22.22% of Inflation Per Year
RumorMail -- Friday, 22-Nov-2019 20:10:08
Reader:If, as many analysts say, the price of gold has been suppressed dramatically, then inflation is far worse
RumorMail -- Friday, 22-Nov-2019 20:10:08

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AN EXPLANATION OF THE FACTIONS