The Fed’s Fake Victory

Inflation is “down,” so we’ll be popping open the good champagne this New Year’s Eve, right? Then why does it seem like we should be popping open soda cans instead? Why do our own senses (and bills) tell us a different story from the government’s “narratives”? Can we ever expect the truth from a government that spends money that it doesn’t have, that the Federal Reserve has to counterfeit into existence?

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