“Just the facts, ma’am”

Posted by Larry Edelson -Uncommon Wisdom

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Our leaders in Washington are so detached from reality, I am thoroughly convinced they are smoking some strange stuff. And if they’re not, then they’re pathological liars, full of nothing but hot air and B.S.

Mind you, I’m not even talking about their inability to cut reckless spending, or the patently unpayable debts and promises they’ve made, not only to the American people, but also to our foreign creditors.

Nor am I even talking about the intentional neglect of the dollar, which continues to sink in value, eroding your wealth like never before.

Consider the following B.S. Washington has been feeding you:

From the end of 2000 through the end of 2010, the ridiculous Consumer Price Index shows prices have risen 29.9% for an average annual increase of about 2.99%.

The fact is inflation is not running at 3%. Nor is it even 5%.

Just take a look at this table, courtesy of the theburningplatform.com: