“The next question to be answered is ‘how accurate is the Bureau of Labor Statistics’, or
is this a true number (?), or is the rate minimized so as to not notify the public of a crisis ?”
Congress has indexed a lot of substantial payments to the inflation rate. The stated intent was so that social benefits, like social security, and others, would not become irrelevant. However, this assumed that government was frugal and kept inflation under control. They have not. Thus they have been fudging the numbers since the beginning. If they didn’t do that, then they would have created economic positive feedback. Inflation goes up, driving up payments, further driving up inflation, further driving up payments, until the economy collapses.
On top of this, the government has been writing itself infinite loans at zero interest. But at some point the interest must rise. Economists predict that when interest rates get to a very reasonable four percent, then every dollar collected in taxes must go to servicing government debt.
If this sounds like we’re bent over in the receiving position, it’s because we are.
Critical mass.
At this point, you should ALREADY have your precious metals IN HAND.
(And, guns and ammo)
I think the crude , but accurate term is :
BOHICA !
BOHICA,,,
I just had to
Put it in
Simple Language.
.
And I love
My 2019 F250 SuperDuty!