Afternoon everyone…..
Last week I did a post on the purchasing power of $20 (gold coin) versus the what the actual $20 would buy today. Then I also compared what that coins gold value would purchase today as well.
While it’s no secret that the government is reporting fictitious inflation numbers. Whatever they are gauging these numbers on is not reality. I’m going to debunk their entire theory with just three staple items in three different categories.
In October the last reported inflation rate number was 6.2% per their report. So i order to keep this a true comparison I will use the national averages from October of this year. These numbers have gone up since their report, so I am using October’s averages.
The time frame I am going to compare is October of 2019 to October 2021.
First up is a gallon of gasoline. The national average for a gallon of gas in 2019 was $3.18, the national average in 2021 was $3.45. That’s double the inflation numbers reported.
Next is a gallon of milk. The national average for a gallon of milk was $3.04 in 2019, the national average in 2021 was $3.72. That’s five times the inflation numbers being reported.
Last on my list is a pound of 80% ground beef. This one is stupid crazy. In 2019 the national average for a pound of 80% ground beef was $2.96, the national average in 2021 for a pound of 80% ground beef was $4.13. Yep, that’s not a typo.
The cost of living and surviving is growing more and more daily. The government has turned a blind eye on it and are smoke screening the numbers being reported. My guess is to not cause a mass panic, but who really know what their motive is behind it all.
The only real way to protect your buying power is with crypto, gold or silver. The banks are the worst place to park your useless fiat. They are just puppets in the lovely charade they are trying to pull off.
Look at the amount of money being pumped into the system.
