DO YOU BELIEVE INFLATION IS 5.4%?

When the things you need to live your life on a daily basis are going up in excess of 10% and your government is saying they are going up at 5.4%, how do you feel? Senior citizens living off their meager savings are getting .15% on their money market accounts due to the Federal Reserve lying about inflation and doing the bidding of their Wall Street owners. Your dollar savings are losing 10% of their purchasing power on an annual basis. They are trying to destroy the lives of the little people. Open your eyes.

Image

How Long Will Rent Increases Last? Some Advice For Renters

-----------------------------------------------------
It is my sincere desire to provide readers of this site with the best unbiased information available, and a forum where it can be discussed openly, as our Founders intended. But it is not easy nor inexpensive to do so, especially when those who wish to prevent us from making the truth known, attack us without mercy on all fronts on a daily basis. So each time you visit the site, I would ask that you consider the value that you receive and have received from The Burning Platform and the community of which you are a vital part. I can't do it all alone, and I need your help and support to keep it alive. Please consider contributing an amount commensurate to the value that you receive from this site and community, or even by becoming a sustaining supporter through periodic contributions. [Burning Platform LLC - PO Box 1520 Kulpsville, PA 19443] or Paypal

-----------------------------------------------------
To donate via Stripe, click here.
-----------------------------------------------------
Use promo code ILMF2, and save up to 66% on all MyPillow purchases. (The Burning Platform benefits when you use this promo code.)
Click to visit the TBP Store for Great TBP Merchandise
Subscribe
Notify of
guest
19 Comments
hardscrabble farmer
hardscrabble farmer
October 15, 2021 8:22 am

A year ago today propane was $1.74, yesterday afternoon it was $2.78

Is that 5.4%?

Foot in the Forest
Foot in the Forest
  hardscrabble farmer
October 15, 2021 10:13 am

You obviously used MATH for your calculation. The correct way is to use government approved MAFF, It is hard to swallow but Jen Psaki circles back to the right answer every time she uses it.

john prokovich
john prokovich
October 15, 2021 9:03 am

Bought my Gold in 99 for $290/oz……sittin pretty now in 21!

fujgim
fujgim
  john prokovich
October 15, 2021 2:32 pm

It’s still only worth $299/oz.
In 1999 dollars.
Your gold hasn’t gone up in value, your dollar has gone down.
What you could buy in 1999 for $299 now costs $1871.
Or, what you could buy for an ounce of gold in 1999 still costs an ounce of gold today…
More or less (YMMV).
The bonus comes at the margin when your dollar goes to zero.
They say you can’t eat gold, but you cant eat dollar bills either.
You can wipe your ass with dollar bills, gold just smears it around….

Ken31
Ken31
  fujgim
October 15, 2021 9:23 pm

NSS

Brian Reilly
Brian Reilly
October 15, 2021 9:12 am

Terms like “inflation”, “purchasing power”, “private exchange” are no longer used in the media as they once were. Now it is all (100%) propaganda designed to move the residents (citizens is another meaningless term) from free exchange of value-for-value using a durable unit of exchange to being entirely dependent on establishment (not always the government per se) permission and authority to trade anything.

So is propane more expensive, or is the dollar worth less? How much would propane cost if it were priced in Bitcoin, gold, fresh eggs? No telling. It is all gamed. You can’t tell what a dollar is worth, or predict what it will be worth, so soon you will have to stop using it. Don’t worry, though, there will be a FED Stablecoin, or a UN SDR that will be a great replacement for you!! Just go over into that tent… yeah, the one on the right… After you get vaccinated you can download the new BUCKAPP that will allow you access to all the wonderful things that Gates, Bezos, Soros, Dimon, and all the rest of us owners want you to have. Go on! It’ll be great!!

Balbinus
Balbinus
  Brian Reilly
October 15, 2021 1:03 pm

The American utopia brought to you by your friends from hell.

Ivan
Ivan
October 15, 2021 9:43 am

“how do you feel? ”

Womyn feel, men think.

What I think is it’s all a pack of lies.

Ken31
Ken31
  Ivan
October 15, 2021 9:24 pm

I think we can do both but are better at one.

BL
BL
October 15, 2021 11:54 am

I am particularly fond of a coconut drink with mango, it has gone up 20% in one week as did many of the items I purchased the other day. That is what prompted my decision to buy another load of canned goods this week.

No, I don’t believe the inflation rate is 5.4%, but this will look mild soon…..very soon.

NtroP
NtroP
October 15, 2021 12:56 pm

Not 5.4%
Lying fuckers will lie……

Anonymous
Anonymous
October 15, 2021 12:57 pm

Oh Shit! Got the inflation stats and his approval ratings backward. Hey Joe, let me put it in a way “you” can understand, the prices are going up expodentially…(whisper) expodentially. The listed prices are going up so fast they look like a gas pump. The prices are higher than YOUR SON.

Balbinus
Balbinus
October 15, 2021 12:59 pm

I read an article about natural gas prices for this winter. They say gas will rise 30% this winter. Just paid my Sept. bill. Aug-Sept .24/therm to .35/therm. That is 32% and heating season is just about to start. Hang on wallet, we are going for a ride again.

m
m
October 15, 2021 1:31 pm

It was already around 9% before the Covid scare.

I have really no idea what the true number is, currently, but it’s a lot higher than 9% for sure.

flash
flash
October 15, 2021 3:51 pm
Anonymous
Anonymous
October 15, 2021 6:36 pm

5.4% per month? Or do they mean per week?

Eddy O
Eddy O
October 15, 2021 8:03 pm

Yes……I also believe in the Easter Bunny, the Tooth Fairy and Biden was elected president.

Rod
Rod
October 15, 2021 10:35 pm

Was reviewing my brokerage statement for September today: cash bank balances paid 0.01% and money market account balances paid 0.029%. Can’t even buy a fucking Snickers bar for that.

MrLiberty
MrLiberty
October 15, 2021 11:28 pm

With apologies to Disraeli (and the others to which the original quote is attributed) –

“There are three kinds of lies – Lies, Damn Lies, and GOVERNMENT Statistics”