Authored by Jeffrey Tucker via The Epoch Times,
Such strange times.
We are living through the most destructive bout of inflation in 45 years, one that threatens to become worse and perhaps just as ruinous in the long run as the last one.
And yet daily and for years, we’ve been told it’s not so bad and that it’s nearly over anyway.
How can we reconcile these two realities? They cannot both be true.
An image of verified accuracy has been circulating all over social media lately: A list showing the price increases from the end of 2019 to now at major fast-food outlets. It fits with your own experience. It indicates that in four years, your fast-food prices have doubled, so that your dollar is now worth 50 cents or even 25 cents. That’s an astounding level of inflation by any standard.
Continue reading “Rage Against The Inflation Denialists”
