Fed could be setting us up for explosive price inflation

NewsMax/Peter Reagan/12-6-2019

“Lending would get expensive. Food, energy, and even medical services could all shoot up in price. Not good if you’re Chairman Powell and want to give the impression that the Fed has control of U.S. monetary policy. But the most alarming part of this is ‘real’ inflation may already be over 5%.

USAGOLD note:  When the last time you saw the word “explosive” before the words “price inflation”?  The 5% ‘real’ inflation rate comes courtesy of Shadow Stats calculating the inflation rate with the same methodology used by the Labor Department in 1990 (See below). chart from Shadow Stats showing the inflation rate using 1990 statisticval methodogy
Chart courtesy of Shadow Stats
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