By Ron Paul
Hello, friends.
Birch Gold Group asked me to talk a little bit about inflation today.
Now, if you’re like me, you don’t pay too much attention to the monthly CPI, Consumer Price Inflation reports the Bureau of Labor Statistics (BLS) publishes. They say inflation was +8.3% in April, down just a bit from the +8.5% reported in March. To be honest, that one number just doesn’t have much of an impact on my daily life.
For example, I haven’t really been following the crazy surges in used vehicle prices (in January, they were up 67%!) On the other hand, every time I put gas in my car, I notice the price per gallon. Nationwide, it’s about $4.40/gallon (unless you’re unfortunate enough to have a diesel, then it’s closer to $5.50).
Continue reading “Ron Paul: Here’s Why the Official Inflation Reports Don’t Ring True”
