Tuesday, January 8, 2013

US Inflation Since the American Revolution

I stood and watched the dark sky rise
With glaring sunlights in my eyes
I thought of all the times gone by
And laughed aloud at the crimson sky
--Modern English

This below chart (source here) provides an excellent 'before...after' look at the impact of the Federal Reserve on inflation.


Because the CPI data are being manipulated to supress reported inflation, the 'after' period displays a conservative effect on inflation.

This institution is the great enabler of policies that, if permitted to continue, will surely end us.

1 comment:

dgeorge12358 said...

The creation of credit by the Fed, just like the scrip printed by a counterfeiter, does not result in the increased supply of energy.
  ~Paul Kasriel