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FTA: I pray we are not heading towards such an inflationary spike. But the Federal Government is lying to you about the actual inflation rate. You are being told it is only 5.3% right now. Yet this calculation excludes food and fuel. Do you think those are not worthy of consideration in determining the inflation rate? Take gas as a telling example. The price of gas has gone up roughly 68% in the last year. That ain’t 5.3%. You are seeing a similar jump in food. Beef is up over 30%.

Here's the article about the inflationary period of the 70s. https://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp

KEY TAKEAWAYS:

--Periods of rapid inflation occur when the prices of goods and services in an economy suddenly rise, eroding the purchasing power of savings. --The 1970s saw some of the highest rates of inflation in the United States in recent history, with interest rates rising in turn to nearly 20%. --Central bank policy, the abandonment of the gold window, Keynesian economic policy, and market psychology all contributed to this decade of high inflation.

FTA: I pray we are not heading towards such an inflationary spike. But the Federal Government is lying to you about the actual inflation rate. You are being told it is only 5.3% right now. Yet this calculation excludes food and fuel. Do you think those are not worthy of consideration in determining the inflation rate? Take gas as a telling example. The price of gas has gone up roughly 68% in the last year. That ain’t 5.3%. You are seeing a similar jump in food. Beef is up over 30%. Here's the article about the inflationary period of the 70s. https://www.investopedia.com/articles/economics/09/1970s-great-inflation.asp KEY TAKEAWAYS: --Periods of rapid inflation occur when the prices of goods and services in an economy suddenly rise, eroding the purchasing power of savings. --The 1970s saw some of the highest rates of inflation in the United States in recent history, with interest rates rising in turn to nearly 20%. --Central bank policy, the abandonment of the gold window, Keynesian economic policy, and market psychology all contributed to this decade of high inflation.

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I had the misfortune of living in Argentina in 1984 during an incredible hyperinflation period. The inflation raged at 1,000% annually. Prices of food and fuel and everything else surged during the day. If you bought an apple in the morning for 50 cents, you would pay 75 cents in the afternoon.

Just to make a mathematical point: At 1,000% inflation it would take 64 days for the price of a 50-cent apple to rise to 75 cents.

You are being told it is only 5.3% right now. Yet this calculation excludes food and fuel. Do you think those are not worthy of consideration in determining the inflation rate? Take gas as a telling example. The price of gas has gone up roughly 68% in the last year. That ain’t 5.3%. You are seeing a similar jump in food. Beef is up over 30%.

So is chicken and pork. They are trying to starve us out. They're crippling supply lines to cut us off from outside goods and using inflation and "covid policy" to cut us off from domestic products. The communists have always wanted to do this, but no one would stand for it. Covid gave them the cover they need and they're running with it.