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To: Alas Babylon!

Inflation has to come down at some point, but the prices of goods and services remain high. It will take years to return to 2% inflation, if ever. Government spending is running amok negating the Fed’s interest rate hikes. We are now spending over $500 billion annually to service the national debt. Pretty soon it will equal defense spending.


128 posted on 01/15/2023 8:16:41 AM PST by kabar
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To: kabar

Inflation MAY have come down a little, only because of the way the government records it, with a basket of common goods that supposedly “everyone” buys, but in reality, food prices have (and are still) gone up significantly.

As you said in post #57, they change the counting methods to hide the truth, in order to take the heat off those in charge.

That’s really despicable, but expected.


147 posted on 01/15/2023 8:38:21 AM PST by Alas Babylon! (Gov't declaring misinformation is tyranny: “Who determines what false information is?” )
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