The attached clearly shows the divergence of "inflation rates" from the 1980's when the method of calculating CPI was 'changed' to make things look better than they really were...and to save the Government piles of money in the process.
- There are now TWO inflation rates. The 'offishul' reported one, and the one Joe Average actually faces.
But, wth te goal of moving "forward" there will soon be THREE inflation rates! Yay!
- "Chained" CPI further manipulates the already manipulated numbers by altering again the definition of "inflation" which (surprise) saves the Government piles of money, benefits federal budgets, and enhances federal taxation.
Oh, lest I forget something which will be avoided by the lapdog media presstitutes...Joe Average gets screwed in the process!
Let me explain:
- Inflation was institutionalised with the establishment of the privately-owned, for-profit, Federal Reserve. It has been fairly constant presence ...to make the math simple, let's say 5%. Not only does the devaluation of the Dollar apply to whatever you earn this year, but also to whatever you might have left from previous years.
- By the time you have worked 20 years, the FED will have confiscated 64% of every Dollar you saved.
- By the time you have worked 45 years, this invisible 'tax' reaches 90%
...essentially everything one can save in a lifetime.
Gee, it's sure "funny" that none of the elected 40# brains in politics want to talk about this (except that 'crazy guy' Ron Paul who is retiring).
- Think we should END THE FED? I sure do, but I'm guessing the ponzi game will be re-rigged instead.
Saturday, 13 April 2013
Two becoming Three!.....................from Rico
From Theo Spark at 17:00
Subscribe to:
Post Comments (Atom)
1 comment:
Have you got the same data for the uk?
Post a Comment