“…For years I have examined the truth and fiction of reporting on the topic of inflation. For as many years, I have known that we are being lied to by our so-called 'leaders,' who consistently understate price level increases. … Why does the government obfuscate truth with statistics? Simple; there would be an accelerating budget deficit and national debt if they acknowledged the truth in the CPI. Federal salaries and benefits, Social Security, indexed pensions, labor contracts, you name it – all are indexed to the CPI for annual Cost-of-Living (COLA) raises. …”
Read the full article on: Van Wie Financial