The Federal Reserve Banksters tell us inflation is so low they are not worried about it, deflation is the problem. It would be a catastrophe if real prices actually decreased and made life a little more affordable for the regular Joe and Jane. As a regular Jane, I can tell you that decreasing prices would be a good thing, how's that for common sense? But we are bombarded with the propaganda that deflation is evil, we are most likely experiencing "disinflation", and there is no inflation problem.
This regular Jane has a family to feed and I can tell you that inflation is here and it is a problem. How do I know that without having an economics degree from Harvard, Princeton or Yale? I know it the same way every other American knows it, because it's right there in front of our eyes. The prices may be relatively stable but the amount of food is decreasing. Cans of Campbell's soup are skinnier, Chips Ahoy cookies and Hershey bars are as flat as pancakes now, cereal boxes are narrower. An eight ounce can of tuna is now 6.5 ounces. Coffee drinkers know this trick, a can of coffee which was always 1 lb. has been decreasing over the years so now there is only 10 to 13 ounces of coffee in a can that gets skinnier and skinnier. I could go on and on but, you get the point.
Mr. Obama, Mr. Bernanke, and Mr. Geithner, et.al., lie to us with impunity. So smug, they are sure they will get away with it because we are merely the stupid, uneducated, indoctrinated masses.
Well, guess what?
We're not and they can't.
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