Friday, June 20, 2014

Inflation? Only If You Look At Food, Water, Gas, Electricity And Everything Else

Inflation? Only If You Look At Food, Water, Gas, Electricity And Everything Else:
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.
....Just the other day, the Bureau of Labor Statistics announced that the price index for meat, poultry, fish, and eggs has just soared to a new all-time high.
...Sadly, this is just the beginning.  Food prices are eventually going to go much, much higher than this.
Also, you should get ready to pay substantially more for water as well.
According to CNBC, one recent report warned that "your water bill will likely increase" in the coming months...

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