Inflation

Fact: Reported inflation is beyond fictional, it’s criminal you can literally take the cost of anything from apples to zinc plug it into the BLS.GOV inflation calculator and it will generate an inflation adjusted price that has nothing to do with reality.

Examples

World War 1, fiscal cost in 1916 dollars 22.625 billion, the BLS.GOV translates this into 601.7 billion in 2021 USD.

Roosevelt’s New Deal had a total cost of $50 billion in 1934 USD the  BLS.GOV  translates this into 1.047 trillion in 2021 USD.

World War 2, total fiscal cost 296 billion in 1944 dollars, the BLS.GOV translates this into 4.844 trillion in 2021 USD.

Median Home price

Average personal income

From 2008 through 2019 (144 months)

    • Federal Spending
    • Federal debt grew by 13.972 trillion from 8.86 trillion to 22.833 trillion
    • The Federal Reserve created 3.274 trillion dollars with keypunch entries
    • 13.972 trillion is more than 3 times the fiscal cost of World war 2 in 2021 USD
    • 13.972 trillion is more than the combined total debt of United Kingdom, Ireland, Australia, Mexico, China and Russia total population of these countries 1.816 billion, U.S., 331 million.

2020 through 21 October 2021 (last 22 months)

    • Federal debt grew by 6.072 trillion from 22,833 trillion to 28.905 trillion
    • The Federal Reserve created 4.315 trillion dollars with keypunch entries
    • 6.072 trillion in new Federal debt over the last 22 months is 86 billion more than the combined debt of Brazil, Argentina, Mexico, Russia and India, population of these countries 1.918 billion, U.S. 331 million.
    • 6.072 trillion is more than 6 times the cost of FDR’s new deal

Since 2008

    • 40.970 trillion in cumulative Federal Revenue
    • 60.888 trillion in cumulative Federal Spending
    • 19.917 trillion in new Federal debt
    • 7.590 trillion created by the Federal Reserve with keypunch entries
    • Cumulative median personal income 2008-2021 $684,478
    • Federal Revenue per employed person $277,670
    • Federal revenue as a percent of median income 40.69%
    • Federal spending per employed person $412,654
    • Federal spending as a percent of median income 60.46%

Corrupt Incompetence during the 21st century has reduced annual Federal Revenue to a mere 11.16% of total federal debt, down from 35.98% at the end of 2000 and 28.69% in 2007.

An 11.16% annual Federal revenue to total Federal debt ratio makes it impossible for the U.S. to accurately report inflation, normalize interest rates or any increase in Federal expenses pegged to reported inflation such as Social Security, Medicare, Military and Civilian employee pensions.

 

 

Published by

Asset Investment Management

Family Office, Advisors