TL;DR
July’s inflation numbers paint a rosy picture that masks a grim reality: core inflation remains high, eroding savings and exposing the manipulated nature of economic reporting. Trust nothing, prepare for the next crisis.
Story
The curtain rises on July’s inflation numbers: CPI at 2.7% YoY, core CPI at 3.1%. Sounds good, right? Wrong. This isn’t a victory parade; it’s a funeral march for the average person’s savings.
The mechanics are deceptively simple: manipulate the numbers, control the narrative. The government releases figures; the media parrots them, often ignoring the core inflation rate—the one that really matters. Remember Enron? Same playbook: smoke and mirrors.
The human impact is brutal. John, a retiree, watches his nest egg shrink, unable to keep up with rising costs. His grocery bill, despite a reported 0.1% decrease, feels far higher. This isn’t an anomaly; it’s a systemic issue of trust, slowly eroding as the gap between official reports and lived reality widens. It’s a Ponzi scheme, this economy, propped up by increasingly dubious figures.
The lessons? Be skeptical. Don’t trust headlines; dig deeper. Check multiple sources. Understand core inflation—that’s the real monster under the bed. And prepare for the worst; the system is rigged against the average person. The next crash is coming. It always does.
Conclusion? This isn’t a ‘good’ report. It’s a cleverly packaged disaster. Those who believe the hype will get burned. Don’t be one of them. The 2008 crisis wasn’t a fluke; it’s a textbook example of what happens when the system’s flaws are ignored.
‣ CPI (Consumer Price Index): A measure of the average change in prices paid by urban consumers for a basket of consumer goods and services.
‣ Core CPI: CPI excluding volatile food and energy prices, which helps provide a clearer picture of underlying inflation trends.
Advice
Don’t believe the hype. Question everything. Prepare for a future where official reports and reality diverge even more drastically.
Source
https://www.reddit.com/r/wallstreetbets/comments/1mo7h1j/july_us_inflation_data/