Peter Schiff: Inflation Propaganda ExposedYouTube
Jan. 11, 2013
Evergreen Student Told She's 'Not Allowed to Speak Because She's White,' Ordered to 'Stand in the Back'
Germany: Syrian Hairdresser Hailed As 'Model of Integration' Slits His Female Employer's Throat
Allure Mag: Scientific Study Showing Men Prefer Slim Women Is 'Dangerous,' Shouldn't 'Exist'
Russian Lawyer Natalia Veselnitskaya Says She Was Setup By Magnitsky Act Lobbyist Bill Browder
Trump Ends Obama-Era CIA Program Which Armed ISIS-Aligned Terrorists In Syria
The CPI is no longer a tool to accurately measure inflation, but an instrument of propaganda the government uses to hide accelerating inflation from the public and financial markets. Modest CPI increases over the past several years do not reflect an absence of inflation, but a design flaw in the index that fails to fully capture the magnitude of price increases. Central bankers drawing economic conclusions regarding inflation and monetary policy based on this highly flawed data point are making a major policy error.
Note: Prices for the twenty items in our basket rose 44.3% during a ten-year period despite an official rise in the CPI of just 27.5% during the same time frame. But that is using official government numbers to evidence those price increases. However, judging by the inaccuracy of government numbers on other items, such as newspapers and health insurance, the actual rate of increase of the prices of the goods in our basket was likely much higher than what the government claimed!