Washington Developed A System To Lie To You About Inflation, The Real Inflation Rate Is Much, Much Higher
https://www.thegatewaypundit.com/20...on-real-inflation-rate-much-much-higher/Inflation is correctly defined as an expansion of the nation’s money supply. However, during the 20th century, the federal government began a series of steps to expand the money supply to facilitate more expansive federal spending. Those steps included removing the gold standard, removing the gold peg, suppressing interest rates, printing money directly into the Treasury, pandemic stimulus checks, and more.
To cover for the careless handling of the nation’s money supply, the Fed changed its definition of inflation from an expansion in the money supply to a rise in the price of goods and services.
