The Government Lies About Inflation Numbers

heh, most half decent politicians can lie with statistics, just by picking and choosing

awful as it is, it’s also impressive the kind of politicians that lie with statistics by creating more moving parts than the average voter can follow. Now that’s economics as an applied science, and psychology.

but I just don’t know that any government outside of the EU is any better, that is about real fiscal policy. Heck, we should probably kick Greece and Italy out of that club also.

Because the US government plays at transperency. All the data is there, if you are able to interpret it. What they do is choke off the amount of people capable of interpretting it, many wonder what profit there is in sabotaging education, well here it is.

The inverse exists though, governments who promote higher intelligence but don’t play at transperency, South Korea immediately comes to mind. Even if you had all the government numbers you wouldn’t have everything because such a large amount of their economy is controlled by four companies.

House was right, everyone lies. The exceptions are few and even those few likely believe things that are actually lies, or support and promote said lies for survival.

That’s the knack I never got, lying to people for their own good. Well, for my good actually. Their good wasn’t the issue, I just couldn’t be self serving enough. Low self esteem they call it. I call it being a decent human being knowing the consequences of my actions.

but getting into COLA, and why it is so resistant to facts; politics, specifically who owns congress. Oil more than anyone, if they let COLA actually reflect the cost of living, they’d have significantly less profits to bribe their executives to look the other way while they kill their customers. I realize how paranoid that sounds, I don’t mean it that they are out to get anyone, they’re just paid off.

Inflation is the creeping rot of economics, the product of bad monetary policy. Because in theory no one wants inflation. Yet here we are, burdened with an abundance. I’m sick, I keep hoping it’ll turn into runaway inflation and destroy the US monetary system. It might be the one thing to wake people up, though I know we disagree on the feasibility of that task.

No one is talking about 15 YEARS of low cost lending, the government printing money and giving it to the people who already had way more money than they can spend. You can’t increase the interest rate enough, because the money’s already out there, it’s been being printed at an astonishing rate for more than a decade. It’s just they’ve run out of ways to hoard their wealth. Crypto just crashed, it seems that all of capitalism is on the brink of some sort of hellish reckoning

and to me it can’t come too soon. I’m not rich, never will be. If the markets bottomed out tonight I’d still be worth the same amount come morning. I’d actually be worth more, because my debt would be peanuts. No one I know will suffer, just the idiots who’ve been eating all the profits for the last 40 years.

Let it burn, or as the youth in China are saying “Let it rot” The chains won’t go back on

Reminds me of a German folk song from the 19th century, Heckerlied;
Ja 33 Jahre währt die Sauerei
Wir sind keine Knechte, wir sind alle frei
or in English, because I doubt most of the people who read this will know much German;
33 long years we stood with this disgrace
All of us are freemen, of the human race

Hecker, the inspiration for the song was rather an interesting character. His revolution didn’t succeed, but reforms happened and conditions improved. He meanwhile was exiled to the USA, where he joined and fought for the Union in the Civil War. He remained a symbol of power to the ordinary people, and eventually retired to Illinois.