Lies, Damn Lies And Inflation Statistics

Every month the government apparatchiks at the Bureau of Lies and Scams (BLS) dutifully announces inflation is still running below 2%. Janet Yellen then gives a speech where she notes her concern inflation is too low and she needs to keep interest rates near zero to save humanity from the scourge of too low inflation. I don’t know how I could survive without 2% inflation reducing my purchasing power.

https://www.lewrockwell.com/2018/02/jim-quinn/lies-lies-omg-more-lies/

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