The CPI Farce and the Reality of a 30% Inflation Economy The Consumer Price Index report, due Tuesday, will no doubt be heralded by government economists as evidence of their “successful” management of inflation. Don’t be fooled. Official statistics have been massaged, redefined, and diluted to conceal what you and I feel every time we fill a shopping cart or swipe a credit card. The reality is that real-world inflation is closer to 30%, and it’s shredding the purchasing power of every wage earner in this country. Gas, groceries, rent, insurance—every necessity costs more, and yet policymakers pretend this is all “transitory.” The truth is painfully simple: the dollar is losing credibility faster than Washington can issue press releases. Interest…
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