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ECONOMICS SECTION

Inflation - How The Public Are Realising That The Govt. Stats Are All Lies

Posted: Friday 14 April 2006 - Economics Section

This article entitled Central Banks, Weimar Germany and Gold by Richard J. Greene describes the current situation in the global economy with many starting to realise that the money in their pocket is being eaten away at a tremendous rate. Although of course the western governments will have you believe that inflation is both 'benign' and under 'control'.

From the article -

"The man on the street is increasingly beginning to figure it out that the Government has been lying to him and, in effect, stealing from him. The retired person is finding out because after his cost of living adjustments he is just not making ends meet. The purchaser of inflation-adjusted securities is noticing that after his return of capital the capital does not purchase what it once did. The sender of a Federal Express letter can find a fuel adjustment charge of $4.13 now for just a single letter!"

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