Bill’s Commentary:
“Pastor Stanley checks in with some inflation thoughts.”
Today’s CPI Report is a Psychological Operation Designed to Dumb You Down While the Banking System Steals Your Money Through Inflation
The Consumer Price Index (CPI) for September came out today hotter than expected up 0.3% for the month for a ‘year-over-year’ (YoY) of 3.3% general increase in consumer prices according to the ‘official’ report.
John Williams of ShadowStats has a different take on the matter. His work on the economic numbers shows that ‘real’ inflation (the way the CPI was calculated prior to 1980) was consistently higher-about 9% higher than the way CPI numbers are calculated in 2024.
So what Mr. Williams calls the ‘alternative’ rate of inflation (that we all actually live in) is actually -much higher.
Bill’s latest interview with Natural Resource stocks – Also posted under Interviews