Inflation Rate Is Higher Than You Think

Inflation Rate Is Higher Than You Think

Note:  There has been ongoing distortions by the federal government in reporting what the real inflation rate is.

In a civil case if you had such distortion about numbers in a contract, there would be a cause of action for misrepresentation or fraud.

If you want to discover more reliable figures, follow John Williams’s

How in the world does the government expect consumers and individuals to make wise decisions on unreliable inflation rate numbers?

Think about it!

Inflation?  You Only Need to Look at Food, Water, Gas, Electricity and Everything Else

By Michael Snyder of the Economic Collapse Blog

Have you noticed that prices are going up rapidly?  If so, you are certainly not alone.  But Federal Reserve chair Janet Yellen, the Obama administration and the mainstream media would have us believe that inflation is completely under control and exactly where it should be.  Perhaps if the highly manipulated numbers that they quote us were real, everything would be fine.  But of course the way that the inflation rate is calculated has been changed more than 20 times since the 1970s, and at this point it bears so little relation to reality that it is essentially meaningless.  Anyone that has to regularly pay for food, water, gas, electricity or anything else knows that inflation is too high.  In fact, if inflation was calculated the same way that it was back in 1980, the inflation rate would be close to 10 percent right now.