Florida Shooters Network

dammitgriff wrote: ↑Sat Jan 02, 2021 12:46 pm Back —> to 1980!
Except this time, when the rate hits 15%, it will actually be much higher because “they” changed the method used to calculate CPI to make it appear lower than it actually is.
Rates will not be allowed to rise above current levels to protect the government’s ability to service the debt...or so the Federal Reserve believes.
Money printer goes “brrrrrrr!”

If I recall, the CPI was quietly changed during the Klinton administration to exclude certain food staples and fuel to make the CPI look like it was under control. The CPI is part of the basis the Gooberment uses to calculate the COLA for Social Security and things like Goobernment pensions and they were going to go through the roof and bankrupt the country quicker than expected.

Watch the Kommies quietly change it again soon. All this is pure as the Federal reserve has debased the Dollar 97.9% in the last 100 years. Not much further to do it in completely like the Weimar Republic did. But then they can print new currency with Kommieala mug on the note.

The USD closed out the year at 89.97 against a basket of other currencies. Many economists predict it will fall off a cliff this year if the FedRes keeps liquidity (a.k.a. ‘Not QE’) flowing to the markets.
As per the article I posted above, if the only tool in the Fed’s toolbox is to print more money while holding rates at zero, then we are all in trouble. And of course we are. The American economy has been shot through the head and doesn’t know it’s dead yet.