Inflation metrics as reported by the Fed are entirely disconnected from what the average consumer is actually facing.
Higher education, housing, and healthcare costs are the biggest expenses one faces in their life and the Fed ignores these to justify money creation.
Fortunately for the 1%, that money is used to buy assets mostly owned by them.
Inflation metrics as reported by the Fed are entirely disconnected from what the average consumer is actually facing.
Higher education, housing, and healthcare costs are the biggest expenses one faces in their life and the Fed ignores these to justify money creation.
Fortunately for the 1%, that money is used to buy assets mostly owned by them.