Fed Fights to Hold Up Stocks into Election, The Accelerating Inflation Mega-Trend

1 post / 0 new
Johnny Oxygen's picture
Johnny Oxygen
Status: Diamond Member (Offline)
Joined: Sep 9 2009
Posts: 1443
Fed Fights to Hold Up Stocks into Election, The Accelerating Inflation Mega-Trend

Fed Fights to Hold Up Stocks into Election, The Accelerating Inflation Mega-Trend

http://www.marketoracle.co.uk/Article23909.html

 

The reason why real inflation is significantly higher than official statistics is because successive governments have manipulated their statistics right across the globe so as to steadily increase the inflation stealth tax which forces people to work harder (greater productivity) for less pay in real terms, which the government uses to squander on the expansion of the size and scope of government, which is why regardless of what the politicians state in opposition, Left or Right, when they get into power all they are interested in is how to steal even more wealth to spend on usually worthless projects such as the Iraq war and ever expanding paper pushing bureaucracies.

This trend for hiding real inflation continues to this very day, with the latest trick is to have hoodwinked the mainstream press into focusing on 'core CPI' i.e. to exclude food and energy prices as these have risen sharply, and therefore imply inflation is lower than where it actually is, even against phony CPI. Off course 'core CPI' will be lower because soaring food and energy prices mean people after warming and feeding themselves do not have much money left over to go shopping for luxuries such as new flat screen tv's!

Login or Register to post comments