Jerome Corsi: The shocking truth about INFLATION

From: WorldNetDaily

Why is it that the federal government says the U.S. has virtually no inflation – less that 2 percent – but everything keeps getting more expensive, especially food and gasoline? …

Solving this riddle – that is, why everything costs so much when the government tells us inflation rates are low – is simple:

The Bureau of Labor Statistics lies.

Inflation numbers are intentionally manipulated to keep cost-of-living numbers low.

If the average chief executive officer cooked balance sheet numbers the way the U.S. Bureau of Labor Statistics calculates the Consumer Price Index, the CEO would be in jail, even without Sarbanes-Oxley reporting standards.

Why does the federal government lie about inflation?

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Skousen: Bailing Out the Economy—How Long Can They Keep Doing This? | The Plunge Protection Team

World Affairs Brief, January 25, 2008. Commentary and Insights on a Troubled World.

Copyright Joel Skousen. Partial quotations with attribution permitted. Cite source as Joel Skousen’s World Affairs Brief

BAILING OUT THE ECONOMY: HOW LONG CAN THEY KEEP DOING THIS?

If there was any doubt about the Fed’s willingness to flood the world with money in order to keep the existing economic order from collapsing, those doubts should now be completely put to rest. The financial Powers That Be (PTB) show no signs of allowing a real depression, let alone a collapse. Whether or not they can still pull it off is another question, but I think they will–their ability to keep manipulating the system continues to amaze me. They don’t, however, intend to do this indefinitely–and can’t. They only have to keep this debt system afloat until the next world war can wipe the slate clean–which may be still 5-10 years in the future. Who would have thought they could turn around the massive world bear market in stocks on Tuesday after Monday’s precipitous decline in world markets? But they did and the flood gates of fiat money are wide open. The only thing surprising in all this is that the PTB appear to be able to shovel money out the door and the dollar still hasn’t collapsed as it should–yet. This week, I will attempt to analyze why. Continue reading “Skousen: Bailing Out the Economy—How Long Can They Keep Doing This? | The Plunge Protection Team”