BLS SAYS INFLATION IS 1.4%

by Jim Quinn

Your friendly government drones at the BLS are telling you inflation over the last year is 1.4%. The charts below, based on actual prices, beg to differ. In addition, they say the owner’s equivalent rent is only up 2.2%, while the real prices for houses is up 14% over last year. Are Americans so obtuse they do not realize actual inflation is 5 to 10 times higher than their government is telling them it is? And the government uses this 1.4% bullshit number to increase senior citizen SS payments every year. The shit is so deep, you need to wear hip boots.

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