The Inflation Lie: Part Two

This morning while driving to work, NPR was reporting on the Fed's ending a long-standing policy of not raising, and indeed lowering, the interest rate. Apparently, the Fed chief said this policy was coming to an end. He also said that this was categorically NOT because inflation is rising. Critics argue that despite what he says, this is his real motivation. Bernanke countered by reasserting his position and basing it on the "fact" that the measurement of inflation does not take into account the price of gas or food. Instead, he argued, the measurement is based on the price of housing.
. . . . . . . .

Um, WHAT?!!!

So why then, when housing prices were stratospherically through the roof and people couldn't afford to even rent an apartment, let alone buy a house, didn't the Fed declare inflation to be going up during the YEARS of the housing boom?????!!!!

I've written about this before. Years ago. Look it up.
I complained that there was no one willing to say inflation was a problem despite all the rising housing prices and gas prices, and back then, those sons of bitches were saying that inflation was not calculated based on housing prices!!!!!!!

What the ever-loving FUCK!!!!

No matter what prices do, apparently inflation will never rise. The alchemy with which they measure inflation down at the Frauderal Reserve is right out of a Harry Potter novel!

What do they do, consult the hat?
"This economy is . . . .GRIFFINDOR!!!"

When I heard this on the radio this morning, I was so mad I nearly wrecked the car.

We are so much more than screwed!!!!

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