The Fed Has a Strange Definition of 'Victory'...

The lies the mainstream spread about inflation is one thing.

But inventing a word to ‘give cover’ to ongoing inflation is something else.

Let’s recap.

From 2000 to 2008, US inflation averaged 3% per year.¹

From 2009 to 2019, it averaged 1.5%.

And from 2020 through to today, it averaged 4.3%.

For the entire period, that’s 2.6% per year.

Using our ‘Rule of 72’ as…