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Even if we get the PLANNED inflation of 2% per year it will compound to over 26% in 15 years.
Even if we get the PLANNED inflation of 2% per year it will compound to over 26% in 15 years.
Don't believe me? The standard "can" used to be 16 ounces years ago. Today? 14.5 ounces. Orange Juice? 64 Ounces, but today 59.5. Ice Cream? Haagen Daz used to be a quart (32 oz.), today 28 ounces. They just moved the bottom of the container further up. Turn it upside down and you can see.
Canada’s Beef Cattle Research Council (BCRC) has collected some interesting stats on the estrogen level in beef.
A 75-gram serving of beef from cattle treated with hormone implants contains two nanograms (ng ~ one billionth of a gram) of estrogen.
“A person would need to eat 3,000,000 hamburgers made with beef from implanted cattle to get as much estrogen as the average adult woman produces every day, or 50,000 hamburgers to get as much estrogen as the average adult man produces every day,” says BCRC’s science director, Dr. Reynold Bergen.
“Beef is a really excellent source of protein, zinc, iron and a lot of other essential nutrients. It’s a really poor source of hormones.”
Considering there are about 45,000 ng of estrogen in 75 grams of white bread, the bun probably has far more estrogen than the beef!
The biggest component of CPI is housing and the fuckers base it nationally.
Misc saysThe biggest component of CPI is housing and the fuckers base it nationally.
https://www.bls.gov/cpi/factsheets/owners-equivalent-rent-and-rent.pdf
"...Housing units are not in the CPI market basket..." this one does not apply to who live in urban areas.
As Americans warily eye new data showing both consumer and producer price inflation heating up beyond expectations, few of them realize the Federal Reserve has an explicit goal to relentlessly degrade the purchasing power of their savings.
The Fed weakens the dollar—and pushes prices higher—by creating new money and pushing it out into the economy. If the Fed hits its stated target, the U.S. dollar will lose 10% of its buying power over the next 5 years, 26% over the next 15, and 40% over the next 25. As bad as that sounds, history suggests the dollar will fare even worse than the Fed intends it to.
Source: https://starkrealities.substack.com/p/fed-goal-destroy-26-of-dollars-buying?