Did you know the real rate of inflation is around 9%, and has been for two decades?
The government has been lying about the rate of inflation since 1983. They doubled down on the lies in 1987. And again in 1993.
Go check out Shadow Stats. They have all kinds of charts showing the true nature of the economy. How do they do this? Simple! They just use the techniques the government used to use to report economic activity.
Another example: The government recently reported unemployment at 3.7%. Hooray! Except, it's not. The real rate of unemployment is 21.3%.
Don't believe them? The price of a new, base option Ford F150 pickup truck has increased 211% over the last 13 years. Do the math. That's 9% inflation almost exactly.
Many people's wages are related to the government computed Consumer Price Index - the official rate of inflation. Social Security checks are, too. When the real rate of inflation is triple the official rate, you lose money every year - at an increasing rate.
People wonder why they are getting raises, but getting poorer at the same time. This is why. Well, that and the recession the country has been in since late 2000.
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