If we used the prior methods of calculating inflation from the 90s then inflation was ACTUALLY 18% last year.
And EVEN with 18% inflation Debt to GDP went UP???
Even as they monetized the debt??
Governments are just lying to us about what the real situation is with inflation.
https://twitter.com/WallStreetSilv/status/1772496168586469611
Verily! But it is getting more obvious - and soon painful. The Fed is manipulating many factors, but a juggler can only maintain so much in the air at the same time.
πThey talk about lowering interest rates later this year (because we have to borrow to pay the huge interest on the debt) πππππ Of course that will fuel more inflation...
Now no one wants to buy our debt ....... πNew currency! - or digital with limited access to it. Fed fiddles while the middle class burns out.π¬
But don't worry: Wall Street is booming, thus D.C.