Inflation Lies from USA Today

Consumer prices — or the consumer price index — rose 0.5% in February, the most since mid-2009, largely because of surging food and gasoline prices the Federal Reserve’s quantitative easing is devaluing the Dollar like crazy. Core inflation, which excludes volatile food and energy costs, rose a more modest 0.2%, though that still exceeded estimates.

There, USA Today, I fixed that one for you.

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One Response to Inflation Lies from USA Today

  1. Chris C. says:

    Good luck with that. I have tried to explain what truly causes inflation (“More money chasing fewer goods.”) to people far better educated and more intelligent than “journalists” and the only physical evidence of my endeavors has been worn teeth enamel.

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