https://www.rateinflation.com/consumer-price-index/usa-historical-cpi/
That's the official government story -- the figures published by the Bureau of Labor Statitistics -- so you know it's COMPLETELY ACCURATE (wink-wink).
Despite the tricks used to make inflation look less horrifying that it actually is, you can clearly see how prices are going up.
The chart is indexed to prices in 1914, the year the FED took effect. The Price Index for January of that year is set to 10.0.
In Jan 2017 the index stood at 242.839
In Jan 2024 the index was 308.417
Imagine what the REAL numbers would be if the CPI hadn't been corrupted by jiggering the way the index is calculated.
The FED is nothing but a massive counterfeiting operation for the Cabal, and has drained TRILLIONS of dollars in wealth from the American people who CREATED that wealth. Guess who all that money has been benefiting -- it sure ain't most of the American people, that's for sure. Every new "dollar" created from thin air lowers the value of the dollars we earn, save, or spend.
EDIT: for context, consider that up until 1933, when Franklin "Internment camp" Roosevelt seized American citizen's gold -- making it ILLEGAL for Americans to have more than $100 worth (until after Nixon took us completely off the gold standard in 1971), each dollar was worth 1/20 of an ounce of gold (I'm ignoring the seignorage, which means an American Liberty Head $20 gold coin actually contains .96750 troy oz).
Until then, any American could walk into a bank, or a hardware store for that matter, if the store could handle such a large amount -- slap a $20 bill on the counter and exchange it for an American one-ounce $20 gold coin.
Today, Kitco shows the dollar price of gold as just over $2,000.
$308.417 is 30.8417 times as much as $10.0, which is to say that the "official" CPI is almost 31 times higher than the price index from 1914.
That would make $20 worth of gold NOW worth $616.83.
Gold is ACTUALLY selling for ~ $2100, or (2100 / 616 =) 3.4 times as much as the government's CPI suggests it should be. The CPI is underreporting the rate of inflation by a substantial margin. Instead of 308, today's CPI should be roughly 1050, using the dollar price of gold as a benchmark.
https://www.rateinflation.com/consumer-price-index/usa-historical-cpi/
That's the official government story -- the figures published by the Bureau of Labor Statitistics -- so you know it's COMPLETELY ACCURATE (wink-wink).
Despite the tricks used to make inflation look less horrifying that it actually is, you can clearly see how prices are going up.
The chart is indexed to prices in 1914, the year the FED took effect. The Price Index for January of that year is set to 10.0.
In Jan 2017 the index stood at 242.839
In Jan 2024 the index was 308.417
Imagine what the REAL numbers would be if the CPI hadn't been corrupted by jiggering the way the index is calculated.
The FED is nothing but a massive counterfeiting operation for the Cabal, and has drained TRILLIONS of dollars in wealth from the American people who CREATED that wealth. Guess who all that money has been benefiting -- it sure ain't most of the American people, that's for sure. Every new "dollar" created from thin air lowers the value of the dollars we earn, save, or spend.