Official Lies

They say a picture is worth a thousand words. Here are three pictures that are very telling.

This first chart shows that since 2008 the amount of U.S. dollars in circulation has increased from $800 billion to about $2.3 TRILLION dollars. If this does not concern you, you aren’t paying attention.
Adjusted Monetary Base

This next chart demonstrates the complete uselessness of the CPI (Consumer Price Index). The Bureau of Labor Statistics describes the CPI as follows:

The Consumer Price Indexes (CPI) program produces monthly data on changes in the prices paid by urban consumers for a representative basket of goods and services.

However, in it’s infinite wisdom, Bureau of Labor Statistics excludes from this “representative basket of goods” food and energy.
Chart of the Week: Inflation in the Real World

This next link shows a few charts. The chart on real unemployment numbers especially telling.
Any Talk of Recovery Is False

{ 0 comments }