Never buy "inflation-protected securities" from any government body that not only issues the debt, but also serves as the official determinant of what exactly the inflation rate is.
Very true. They have been manipulating the cost of living index since 1992. Social Security would be 75%+ higher if they had not changed the formula to include substitution, thus allowing them to “play” with the index.
What I love is the loans to the big banks. Then the fed raises the reserve requirements of which t-bills count as reserves! Kind of like kiting! Loan them money long term and require them to lend it back!