The history of prophets is a history of people making fools of themselves. Strangely, people keep listening to them. Well then, I need to get in on this racket. I hereby prophesy that inflation and shortages will dominate the economic landscape for the rest of my life. In the media you hear that inflation is 7.5%, which doesn't sound so frightening. Then they say inflation is higher than it has been for 40 years, that is, since the Carter era. That is frightening. Clearly, they have changed the 'spreadsheet' for calculating inflation. And why shouldn't they? It will reduce the cost-of-living allowance to pensioners and employees. Inflation happens when the government has turned money into a cheat. Why shouldn't a government that runs a fake-money operation also put out fake statistics? How long will it be before Big Tech censors people who use the awful word, inflation? For awhile, people will learn to get around the censorship by substituting, the 'I word
Early retirement, mainstream-media-free, bicycling, classic books & history, RV camping, and dogs.