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.
But you would never know that listening to Federal Reserve chair Janet Yellen. In the video posted below, you can listen to her telling the media that there is absolutely nothing to be concerned about…
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DelMarVa's Premier Source for News, Opinion, Analysis, and Human Interest Contact Publisher Joe Albero at alberobutzo@wmconnect.com or 410-430-5349
5 comments:
Lies, Lies, and more lies... My wallet tells me that inflation is out of control. If you haven't voted, make sure you do so tomorrow or no right to post an opinion about how your government treating you!
what am i voting for tomorrow?
Don't forget to mention 47 new or increased taxes in Maryland under the O'Malley, Conway and Mithias leadership.
Welcome to the decline of the US dollar!
The only thing left at this point keeping the whole house of cards from falling down is the stupidity of the average low information American. Unfortunately even they are starting to wake up.
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