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They Lie About Inflation Because They Need It, Food Prices Surge, They Need Things To Get Worse
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The truth is the federal government needs inflation. It depends on Federal Reserve money printing to support its borrow and spend budgeting strategy. Without the Fed’s inflationary activity, the government couldn’t finance its out-of-control spending habit. But politicians don’t want you to know that they are levying an inflation tax on you, This is the reason they keep telling you inflation is a good thing. Most of the time they point to the rising wages as why we should celebrate the soaring food prices. Prices are just rising because your wages are going up. Rising wages are a sign of inflation, not a cause. After all, a wage is simply a price – the price of labor. And as already explained, rising prices are a symptom of inflation.
Wages do rise in an inflationary environment, but they typically lag behind the prices of goods and services. Today, the official CPI is close to 6%. Average hourly earnings are only up 4.8%.
real hourly wage gains have been negative as the stock market soars to record highs.
If you accept the mainstream definition of inflation, In effect, you’re saying rising prices are causing rising prices.
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