Inflation? Only If You Look At Food, Water, Gas, Electricity And Everything Else

Wheelbarrow of Money

Have you noticed that prices are going up rapidly?  If so, you are certainly not alone.  But Federal Reserve chair Janet Yellen, the Obama administration and the mainstream media would have us believe that inflation is completely under control and exactly where it should be.  Perhaps if the highly manipulated numbers that they quote us were real, everything would be fine.  But of course the way that the inflation rate is calculated has been changed more than 20 times since the 1970s, and at this point it bears so little relation to reality that it is essentially meaningless.  Anyone that has to regularly pay for food, water, gas, electricity or anything else knows that inflation is too high.  In fact, if inflation was calculated the same way that it was back in 1980, the inflation rate would be close to 10 percent right now.

But you would never know that listening to Federal Reserve chair Janet Yellen.  In the video posted below, you can listen to her telling the media that there is absolutely nothing to be concerned about…

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Jeff Marshalek
Jeff Marshalek
10 years ago

In Pennsylvania, the revenue has fallen behind spending once again. The debt burden continues to grow from the municipality to the state governments, everyone is saying that taxes must go up.

Many of the local governments were seduced into debt vehicles that no one understood. They were offered cheap financing at the time, but have come to understand now the true cost of that vehicle. Complexity was purposefully injected into these debt instruments to hide the true cost.

Likewise, Pennsylvania was one of the few states, like California, to deregulate its electric utility industry. Like California, everyone was told that through competition, the rates would go down, and like California the rates are going up. People were fooled into selecting initially cheap variable rate structures, and then this past winter, saw their electric bills double. Another smoke screen was created by the robber barons, no one knows what each other is paying for their electricity. No one knows which plan to choose because you can’t compare one provider with another. And people like me who chose to remain with the utility that I always had, are finding out that we are going to be forced in the near future, to “entire” the market. It now sounds like a similar ploy we were fed recently, if you like your electric utility you can keep it.

Speaking of Obamacare, I am hearing anecdotal evidence that confirm prices are truly going up for the middle class. The cost of various medical services which were covered by the insurance prior to Obamacare, have now been restructured into a new cost structure. For those who are middle class, we are finding that we now have to pay additional fees for certain medical services, while those less fortunate do not have to pay for these same services. Again, how can one compare insurance providers with the complexity that has been introduced into this “market?”

Do you see the “pattern” behind what is obvious to the common person? There is nothing new under the sun, for this has happened before, and this is what the LORD says…

Eze 45:9
‘Thus says the Lord GOD: “Enough, O princes of Israel! Remove violence and plundering, execute justice and righteousness, and stop dispossessing My people,” says the Lord GOD.

Eze 45:10
“You shall have honest scales, an honest ephah, and an honest bath.

Eze 45:11
“The ephah and the bath shall be of the same measure, so that the bath contains one-tenth of a homer, and the ephah one-tenth of a homer; their measure shall be according to the homer.

Eze 45:12
“The shekel shall be twenty gerahs; twenty shekels, twenty-five shekels, and fifteen shekels shall be your mina.

The economy of the LORD is the opposite of what we are experiencing today.