.
Posted on 10/12/2024 10:16:30 AM PDT by delta7
Image Credit: ShadowStats
By Stan Szymanski
The Consumer Price Index (CPI) for September came out today hotter than expected up 0.3% for the month for a ‘year-over-year’ (YoY) of 3.3% general increase in consumer prices according to the ‘official’ report.
John Williams of ShadowStats has a different take on the matter. His work on the economic numbers shows that ‘real’ inflation (the way the CPI was calculated prior to 1980) was consistently higher-about 9% higher than the way CPI numbers are calculated in 2024.
So what Mr. Williams calls the ‘alternative’ rate of inflation (that we all actually live in) is actually -much higher.
If the currently calculated CPI is ‘hotter than expected’ then John Williams ‘alternative’ (or the real) rate of consumer price increase is a scorching relative rate of around 12 percent!
Like everything else that the oligarchy that is still known as the United States tells you is a fabrication, a story and a psychological operation designed to confuse, obfuscate and dumb down the public. Fabrications of official help for the victims of Hurricane Helene, the ‘Border Czar’ who the mainstream press tries to scrub the history of her ever being given such a title and presidential debate moderators who claim that ‘Port-Au-Prince irregulars’ dining on the canine and feline companions of the American citizenry supposedly has no truth to the allegation .
The claim that your money, savings and cash equivalent investments are being devalued on an annual basis if only 3.3% is also a myth, an invention of a despotic elite who control the banking system for their benefit.
Those (IMHO) wise souls who have recently made the decisions to put their money to work in commodities like food, water, shelter, energy, means of protection, communication and precious metals are doing so because they realize that their money is being stolen from them through an insidious form of inflation exacerbated by the government telling its people that its’ effect is small when in fact it is becoming life threatening.
Today’s CPI report is a psychological operation designed to dumb you down to allow the banking system to steal your hard earned money through inflation. Please consider what other choices you have while there is still time.
.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.