February 2022 Inflation update
Added 2022-02-10 15:16:36 +0000 UTCSo today, your gov't said the inflation rate in the USA is at 7.5%. This number is manufactured by Federal Reserve input. Did you know the Fed used to use another way to calculate inflation in the 1970s? They changed it to hide the real effect of inflation on the taxpayer to limit the chance for revolt.
If we were using the 1980 method of inflation calculation we'd be at 19% inflation. Let that math sink in. Your gov't is stealing your value and time as they debase their Ponzi scheme.
If I force you to view the M2 Money Supply growth in the US solely what would it reveal?
In January 2020 - $15.407 Trillion
December 2021 - $21.638 Trillion
The result of Federal reserve action to the American taxpayer: Your dollar is now worth 71.2 cents on the dollar JUST in that span. For every dollar you had at the beginning of 2020, the Government and Fed stole 28.8% of each dollar.
STAGGERING.
Do you still think Bitcoin is not valuable? In the same time reference, Bitcoin went from 3,800 dollars to 45K today.
Let us raise a glass today to Bitcoin. It is the antidote to government time theft.
Comments
What is your opinion (that I have come to value a lot) about this article? https://boriquagato.substack.com/p/governments-are-about-to-come-for?utm_source=url
Nils Per Sparf
2022-02-22 20:31:52 +0000 UTCInflation is going to continue for years due to Triffin's paradox FYI
Dr. Jack Kruse
2022-02-12 20:51:05 +0000 UTCHere in US I don't see it as an issue but food prices will continue higher.
Dr. Jack Kruse
2022-02-12 20:50:32 +0000 UTCKevin
2022-02-11 15:16:18 +0000 UTCThe result of the inflation number already: Real earnings -0.5% in January and down for 3 consecutive months. Higher prices are being rejected and consumption will fall. What does that mean to your finances? Your job? Your life? The economy? Your portfolio? Still think Bitcoin has no value to you as the world changes?
Dr. Jack Kruse
2022-02-10 15:34:07 +0000 UTC
