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Inflation Nightmare & The Fed’s 2% CPI Pipe Dream

The posturing that inflation is such a “surprise” is typical, but shameful nevertheless. No one should be surprised that prices are skyrocketing after the government spent many trillions that it doesn’t have. Further, it was only able to spend those trillions because the Fed counterfeited the money out-of-thin-air. Today’s economic suffering could not be more predictable.

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12:35 pm on June 24, 2022

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