LETTER #3: WE ARE BEING FOOLED.
The Government wants us to believe that inflation is only 7.5%. But, is it?
To the Freedom Lovers,
The US inflation report came out on Feb 10, 2022, and they calculated it to be only 7.5%.
We know that these figures are manipulated to make the citizens think that the situation is not as worse as their bank accounts might think. After printing trillions of dollars out of thin air in one year, they want to make us believe that everything is fine.
It reminds me of the famous meme:
What’s the real inflation?
The inflation figures are different for everyone because we all prefer to buy different goods/services. But, there are certain goods that almost everyone buys.
Sure, inflation is only 7.5%, right?
If you have sipped a cup of coffee, bought a used car, booked a hotel room, bought food, filled the gas tank of your car, paid the rent over the last year you might have realized you are paying a lot more than 7.5%.
When the government releases their calculated inflation numbers they expect that people don’t eat, drink, drive, use energy, or live in a house.
Ask yourself: Is it possible to live without food or energy?
If the answer is no, then certainly inflation is not even close to 7.5%. It’s much higher.
The FED is trapped. They have called for an emergency meeting on Monday.
They can either let the inflation run hot which will debase the currency or they can raise interest rates which will tank the markets and the interest payments on the $30 trillion debt will be increased by orders of magnitude.
The public’s confidence in the FED is disappearing gradually. They are doing everything they can to retain the trust of the public. But when you have been manipulating the markets for decades it’s hard to avoid the END game - which is the complete loss of trust in the government and currency.
How Bitcoin will react if the rates are raised?
I have no idea. But I am thankful to God that we have an alternative system in the form of Bitcoin that fixes this.
BEFORE READING THIS: Inflation is only 7.5%. This is fine.
AFTER READING THIS: They calculated inflation to be only 7.5%?