The great inflation scam explained

[Bill Bonner’s Diary]( The Great Inflation Scam Explained By Emma Walsh, Managing Editor, Bill Bonner’s Diary This week, Bill dove head-first into the inflation story… starting with the Quantity Theory of Money, which tells us that the more money there is in circulation, the higher prices will go. The Federal Reserve has been testing this theory of late. It is increasing its balance sheet – by “printing” money – at a 17% annual rate. The latest inflation figures show a 5% year-on-year increase in consumer prices. That is the highest rate of inflation since 2008. But as Bill shows, those are just numbers. And numbers can be manipulated to tell any story the feds want. And the story they want to tell is the one where they all live happily ever after… while the common man drowns. Regards, Emma Walsh Managing Editor, Bill Bonner’s Diary --------------------------------------------------------------- [image]( [Larceny Disguised as Inflation]( As Bill has been showing us the last few weeks, inflation is here. According to the textbooks, central bankers should be “tapering off” their EZ-money policies and returning to more normal interest rates. Instead, they are ignoring all the signs. --------------------------------------------------------------- [image]( [Re-discovering John Connally]( John Connally served as Richard Nixon’s Treasury Secretary from February 1971 to June 1972. It was during this time that Nixon severed the link between gold and the U.S. dollar. There was an almost poetic justice in Connally’s later downfall... --------------------------------------------------------------- [image]( [Inflation Explained]( Prices alone tell us nothing. Autos… houses… stocks… butterfingers – all appear to cost more today than 50 years ago. But while most things have gone up… wages (and thus, buying power) have not. Today, Bill gives a simple explanation of how inflation works in the real world. --------------------------------------------------------------- [image]( [Bezos Blasts Off]( While waiting for the latest inflation announcement, Bill looks at an example of a crazy business strategy with a very bad ending. And we learn about Amazon CEO Jeff Bezos’ latest flight of fancy… --------------------------------------------------------------- [image]( [Elite Heist]( According to Bill, government is how the elite control other people in order to protect and enhance their own power, wealth, and status. The many are ripped off for the benefit of the few. And inflation is just a means to that end. --------------------------------------------------------------- [image]( [How to Plan Your Financial Journey in Two Steps]( Saving for your retirement can take years. But our colleague Teeka Tiwari has discovered a way to shorten your wealth-building journey. In some cases, you can see retirement-sized gains in just 24 hours. Like what you’re reading? Send your thoughts to [feedback@rogueeconomics.com](mailto:feedback@rogueeconomics.com?subject=Past the point of no return). Recommended Links [image]( [Reclusive Best-Selling Author Issues Final Warning]( The founder of the largest “underground” financial research firm in the world… Has one last warning to readers. Bill Bonner founded The Agora in 1978. Today – after 40+ years in the publishing business – he’s coming forward with his final warning. And not a moment too soon… With offices in 11 countries… millions of daily readers… and two New York Times best-sellers to his name already… Bill’s latest – and last – warning may be the most important of his career. [Go here for the details - and to get a personal message from Bill.]( [image]( [Wall Street Legend Who Picked Bitcoin in 2016 Shares #1 Pick for the 2020s…]( Picking the right “investment of the decade” can transform your life… Microsoft in the ‘80s… Amazon in the ‘90s… Apple in the 2000s… Bitcoin in 2016... Any one of these could have made you a millionaire many times over. Starting with very little. Today, the Wall Street legend who picked the last “investment of the decade”… months (even years) before his peers… will finally reveal his new #1 pick for the 2020s. It’s not 5G, artificial intelligence, EVs, or clean energy. The answer will surprise you. And for those who take early action, it could lead to a massive potential payout. [See #1 Pick.]( --------------------------------------------------------------- Get Instant Access Click to read these free reports and automatically sign up for daily research. [image]( [The Ultimate Guide to Taking Back Your Privacy]( [image]( [The Gold Investor’s Guide]( [image]( [An Insider's Guide to Making a Fortune from Small Tech Stocks]( [Rogue Economincs]( Rogue Economics 55 NE 5th Avenue, Delray Beach, FL 33483 [www.rogueeconomics.com]( [Share]( [FACEBOOK]( [Tweet]( [TWITTER]( To ensure our emails continue reaching your inbox, please [add our email address]( to your address book. This editorial email containing advertisements was sent to {EMAIL} because you subscribed to this service. To stop receiving these emails, click [here](. Rogue Economics welcomes your feedback and questions. But please note: The law prohibits us from giving personalized advice. To contact Customer Service, call toll free Domestic/International: 1-800-681-1765, Mon–Fri, 9am–7pm ET, or email us [here](mailto:memberservices@rogueeconomics.com). © 2021 Rogue Economics. All rights reserved. Any reproduction, copying, or redistribution of our content, in whole or in part, is prohibited without written permission from Rogue Economics. [Privacy Policy]( | [Terms of Use](