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Date Posted: 13:58:07 2/15/23 Wed
Author: Jasper
Subject: Graham Summers is a bit cynical don't you think.

.
“Yeah Graham, but the pace of inflation is slowing, this is a big win!” some media stooges might be saying.

Let me be blunt here…

The Fed raised rates from 0.25% to 4.75% in less than a year… while also draining $500 BILLION in liquidity from the system… and all it did was SLOW the pace at which prices are still RISING?

And that is a big win?

Oh and by the way, the BLS just changed its methodology for how it calculates inflation this year for some odd reason (hint: political pressure from the White House). If we calculated January’s inflation numbers using the methodology that was applied in December (a mere 30 days before) inflation would be rising at an annualized rated of…

9.6%.

WHOOPS!

https://www.zerohedge.com/news/2023-02-15/biggest-load-bs-ive-seen-years-and-thats-saying-something

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