Inflation, unemployment, kill ratios, smart bomb accuracy, what Putin did today, how many nuclear weapons Israel does NOT have-
Which set of lies did Washington and it’s media decide to feed you today?
https://mises.org/power-market/fed-underlying-inflation-13-year-high
According to the Federal Reserve’s Underlying Inflation Gauge , the 12-month inflation growth in June was 3.33 percent. That’s the highest rate recorded in 158 months, or more than 13 years. The last time the UIG measure was as high was in April 2005, when it was at 3.36 percent.
The Fed began publicly reporting on new measure in December of last year, and takes into account a broader measure of inflation than the more-often used CPI measure.
Not shockingly, the UIG has shown a higher rate of inflation than the CPI, most of the time in recent years… Read the rest of this entry »
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