Tag: Record High Inflation

What to do about Inflation

Guest Post by Paul Craig Roberts

Americans live from threat to threat. Now that the “covid threat” and the “Russian threat” have played out, we have the “inflation threat,” but is it any more real?

It is true that the Central Bank has poured out unprecedented amounts of money for more than a decade.  The excuses were:  to cause a 2% annual inflation that would stimulate economic growth, and to save the economy from the banks financial speculations.

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Doug Casey on Record Inflation, What Comes Next, and What You Need to Do Right Now

Via International Man

Inflation

International Man: Inflation, as measured by the government’s own crooked CPI statistics, recently hit a 40-year high. What is going on here?

Doug Casey: The Consumer Price Index (CPI) itself has been totally corrupted over the years, mainly by changing definitions of what it entails. That’s why it’s interesting to follow the work of a website called Shadow Statistics, where John Williams calculates the CPI and other government statistics using the parameters of 40 years ago.

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