“If We Were Using the same CPI We Used in 1982, [Inflation] Would Be Closer to 15%… The Worst Year … in US History” – Economist Peter Schiff
Tucker Carlson had economist Peter Schiff on his show to discuss the current state of Biden’s economy.
Trending Politics reported:
Tucker leads the conversation by noting that CPI rose by nearly 7% year over year in November, the highest inflation in decades. While that’s bad enough, Schiff responded by noting that CPI probably isn’t even the right measure of inflation, with the true inflation number being far, far higher. In his words:
In fact, one of the ways the Fed has been able to justify creating more inflation is because they claimed we didn’t have enough of it. But the only reason we didn’t have enough of it is because they were relying on their own highly rigged CPI. » READ MORE