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Keep Believing Biden's BLS BS . . .

Posted By: SpaceCommando
Date: Thursday, 21-Sep-2023 16:25:19
www.rumormill.news/229534

By Jim Quinn of TheBurningPlatform.com - September 21, 2023

Are you going to believe the government produced statistical mumbo jumbo designed to mislead, misinform, and keep you sedated? Or are you going to believe your own two eyes? No one in their right mind should believe inflation is 3.7%. The CPI is a manufactured number based on false assumptions and massaged to create a happy ending for government bureaucrats and central bankers. It is completely made up by people paid to make their bosses (Biden, Powell) look good.

You can see your grocery store receipt is 40% higher than it was two years ago. The price of beef has doubled, so most people stop buying beef and buy chicken. The BLS uses this in their model to say that beef didn’t really go up 100%, because you switched to chicken. These financial wizards are fucking brilliant!!!

The average price of a new car now exceeds $48,000, up 25% since Biden took office. But Biden’s BLS will massage that number back to single digits by saying the new car in 2023 is far more technologically advanced than the 2021 version. Average home prices are up 30% since 2021. Rent is up 25% since 2021. They fake the housing CPI by using a formula that drastically reduces the inflation compared to reality. Anyone filling up their car to drive to work every day knows gas prices are up 60% since Biden was placed on the throne. And he has drained our Strategic Reserve for political gain.

The true rate of inflation, when measured as they did in 1980 is about 12%. If you measure it as they did in 1990, after Greenspan “tweaked” it to keep Social Security viable for a few more years, it is 8%. In your real life, does inflation seem to be 8% to 12% or 3.7%?

Jerome Powell can act like he is tightening to get inflation back to 2%, but it is nothing but an act. He loves inflation. It is the only way to make our $33 trillion national debt manageable. He needs to deflate it away through inflation. With real inflation at 8% to 12%, he would need to raise rates into the double digits, which he would never do. Because he is a coward. He has lied since September 2019.

The financial system was . . .

[SNIP]

*************************************************************************

https://www.theburningplatform.com/2023/09/21/keep-believing-bidens-bls-bullshit/




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