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The biggest trick that the FED has pulled is that it convinced the world that inflation is at 2% yoy. What a disgraceful joke! Had they been real about the inf
by NTDF9 8y ago
The biggest trick that the FED has pulled is that it convinced the world that inflation is at 2% yoy. What a disgraceful joke!
Had they been real about the inflation, the interest rates on savings would've been higher. Sure, it would crash the stock market but the stock market only benefits the rich disproportionately. Not teachers, admins, nurses etc.
Oh btw, has anyone noticed that 20% of the 20 trillion dollar US GDP is healthcare? That's 4 trillions spent on healthcare every year!!
- realusername 8y ago> The biggest trick that the FED has pulled is that it convinced the world that inflation is at 2% yoy. What a disgraceful joke! I don't believe it either, or they are counting the wrong things.
- mrnobody_67 8y agoI use this for inflation: https://www.forbes.com/sites/andreamurphy/2017/10/18/the-price-of-the-good-life-the-forbes-400s-cost-of-living-extremely-well-index/#4c83403e32ad https://www.forbes.com/sites/andreamurphy/2017/10/18/the-pri... 5% avg inflation