If government lies about Covid and the vaccines, lies about the reasons for wars and how the wars are going, do you think it tells the truth about inflation?
— Ron Paul (@RonPaul) January 28, 2023
Watch Friday's Liberty Report here: t.co/aqwX74Khoa
— Ron Paul (@RonPaul) January 28, 2023
#copper prices tend to lead the CPI by around 2-3 months pic.twitter.com/zxZnMzEJHE
— Michael J. Kramer (@MichaelMOTTCM) January 28, 2023
US paid $853 Billion in Interest for $31 Trillion Debt in 2022; More than Defense Budget in 2023.
If the Fed keeps rates at at these levels (or higher) we will be at $1.2 trillion to $1.5 trillion in interest paid on the debt.
The US govt collects about $4.9 trillion in taxes. pic.twitter.com/L0TQDWMhi6
— Wall Street Silver (@WallStreetSilv) January 27, 2023
To put things in perspective:
– Interest on U.S. Debt in 2022: $900 Billion
– Annual U.S. Tax Revenue: $4.9 Trillion
– Total U.S. Pandemic Stimulus: $4.6 Trillion
The U.S. spent 5 years of interest or 1 year’s worth of taxes on stimulus.
Inflation could’ve easily hit 15%.
— The Kobeissi Letter (@KobeissiLetter) January 28, 2023
Interest expense on national debt in 2022: $475 billion
While the average interest rate was 1.9%
Now, rates are 4% – 5%
Interest could be $1 trillion or more this year. They'll have to print money to pay it.
That's how you get hyperinflation.
— Genevieve Roch-Decter, CFA (@GRDecter) January 27, 2023
U.S. households cut spending during the holiday shopping season in November-December and increased savings, adding to signs of an economic slowdown.
Consumer spending fell a seasonally adjusted 0.2% in December, the Commerce Department said Friday. #inflation
— Swann Collins (@BWealthyAndFree) January 28, 2023
Wow … in store special $14.99 🔥 pic.twitter.com/ROyvgWw54J
— Wall Street Silver (@WallStreetSilv) January 28, 2023
The herd has zero understanding of what's cumming .
Rates are going to rocket.
Few understand this. pic.twitter.com/Ncx5SueiWH
— The Great Martis (@great_martis) January 28, 2023
More Lies in the CPI
As reported by CNBC last week, the Consumer Price Index (CPI) figure of 6.5% shows how the mainstream media disseminates false economic information for consumption by the masses. Try to spot some of the more concerning parts: december_2022_cpi_inflation.png Initially, the chart raises questions such as where this data comes from and who participated in the sampling.