​The Fed’s Fiat Money Is The Real Cause Of Price Inflation – Tyler Durden

The Fed’s Fiat Money Is The Real Cause Of Price Inflation By Tom Mullen of Mises Wire During election years, incumbent presidents are routinely blamed for every societal ill during the previous four years. And almost nothing is riper for the picking than a significant rise in consumer prices. According to the Bureau of Labor Statistics (BLS), prices are currently increasing at a rate of 3 percent year over year and peaked at 8 percent during President Biden’s term in 2022. That is significantly higher “inflation,” as the BLS defines it, than American consumers have experienced in decades. But as…  — Continue at ZeroHedge News : Read More