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They are Lying About Inflation [Gilder's Daily Prophecy] April 16, 2022 [UNSUBSCRIBE]( | [ARCHIVES]( Millionaire Trader Drops Bombshell… “The Only Trade You Will Ever Need” [Click here to learn more]( Silicon Valley trading millionaire says… “FORGET 99% of the Stock Market… Trade ONE Stock… ONCE Per Month – Over and Over Again!” He’s recommended REAL gains of 100%, 228%, and [373% in just 8-days – in any market condition](. Leveraging a trading secret he’s used for years… helping over 171,000 regular people… It’s called: The “[One Stock Retirement]( – a trading breakthrough to help anyone collect triple-digit profits regardless of trading experience, location, starting capital, or market condition. [Click here, it’s all revealed in this exclusive interview…]( They are Lying About Inflation [Jeffrey Tucker]Dear Daily Prophecy Reader, Finally, we are starting to see the national media confront the issue of inflation. Despite the desperate desire to keep people calm and reduce the anger at government and Biden in particular, media voices have to be responsive when all polls indicate that inflation is the number one issue in the country. And it makes sense why this issue is number one. Money is the lifeblood of economic life and people’s standard of living. When the dollar is dramatically declining in value, people become very alarmed that their visions of life and progress are shattered. They are working harder than ever, even while getting dramatically poorer. A friend wrote to me from New Jersey that Whole Foods has replaced its large shopping carts with smaller ones and she wonders why. My theory: people are buying much less today per customer so that their larger carts just aren’t necessary. Already, the chain is retooling itself as a luxury experience, rather than the place to go for all the food you need. What Is the Real Inflation Rate? In any case, in every media report, we keep hearing about inflation running 7.9% but most people are not entirely that innumerate. They know what they see and they can check their bills and expenses. It is far worse. How much worse? I’ve run my own polls and seen much higher numbers. But why should things be so uncertain? Don’t we have the tools to make accurate assessments of inflation? The Department of Labor is still using medieval methods of sending employees out to stores to check stickers, as incredible as that sounds in the age of the Internet. I spent a few hours this weekend looking through a new project called [Truflation](. It has deployed a series of APIs to run constant price checks on companies with an online presence, and is allowing an algorithm to collect the data on a decentralized blockchain (which is also tokenized). The results give real-time updates on pricing trends. Further, the method here weights the results according to purchase frequency. It therefore provides a much more accurate result of what’s really going on out there. It’s an impressive effort, and credible so far as I can tell. The rate of inflation as of this moment of writing is as follows. The low end is 11.6%. The high end is 15.9%. The average is 13.5%. That sounds much more accurate based on my experience and those of others who have variously answered my inquiries. That makes this rate higher than anytime in US history, especially since this is clearly not just a one-month trend but is anticipated to last and even get worse. In other words, this crisis is real. It simply will not do for major media figures to keep repeating the results of government surveys, which are on the verge of being as discredited as the CDC and the rest of the machinery in Washington, D.C. Here is what Truflation says about prices in general right now. [chart] Drilling down a bit to food, we do find a real shock here: a 58% YOY increase clocked back in October. Even now, it is running 29%. [chart] These are just astonishing numbers. The Biden administration has a very serious problem, which is why the administration is trying to blame private enterprise for this. It is suggesting investigations, which are a de facto form of price control. Make no mistake: such controls will lead to more shortages and lower production. That helps explain why Biden is warning about food shortages: he is contributing to causing them. URGENT: Your New Crypto Book Is Awaiting Shipment If you’ve kicked yourself for not investing in cryptocurrency… Watching Bitcoin go from $61… To $1,000… To over $60,000… Then pay close attention. Famous crypto millionaire James Altucher just released a brand-new book on crypto… [And he’s releasing a limited number of books to folks who click here now](. We have a copy reserved in your name, and we just need to hear back from you. [Click here now to see how to claim your copy](. Shanghai’s Disaster Inasmuch as the media has started to report, however sheepishly, about the inflation problem, another astonishing and shocking turn of events in Shanghai has gone almost entirely unreported, except for those people who care about the subject. We are now several weeks into a full lockdown of one of the world’s most important port cities. In Shanghai, 25 million people have been locked into their homes in the name of virus control. The government is separating parents from children, killing pets, sending drones with mass instructions for people, and effectively starving many who find it nearly impossible to get food. It’s a dystopian scene in a country that most of the world had assumed was prosperous and stable. It’s all happening in the name of controlling a virus. President Xi Jinping apparently took pride in what he presumed happened in Wuhan, namely that he stopped virus spread. He didn’t. This virus is universal and nearly everyone in the world will catch it. No amount of lockdowns will stop it. But flush with power and a wild exaggeration of his personal prowess, he believes (apparently) that he can stop the spread of this virus again. Listening to the screams of people from skyscrapers is absolutely chilling. The atmosphere feels very nearly revolutionary. My friends there are trapped and feeling very panicked. At what point will the people rebel and what form will it take? It’s hard to say, but it seems like anything is actually possible at this point. Recession Certainty I’m crowding many topics into this one letter but the world has become extremely fragile, politically and economically. It is affecting everyone. And now many economists are starting to warn about what we’ve written about many times: an impending recession. They are basing their judgment on interest-rate trends plus watching bond markets. All signs point to what everyone had thought to be impossible: an inflationary recession. This might indeed be our Atlas Shrugged moment, in which all that we believed was stable and function stops being both. Whether it's the inflation, the public anger, the horrifying scenes in Shanghai, or the impending recession, life has become almost unrecognizable and threatens to get much worse. At this point, the only hope is for a sudden shift to wise leadership. How likely that is I leave to you to discern. Regards, [Jeffrey Tucker] Jeffrey Tucker Urgent: Do You Recognize This Man? He counts some of the world’s most powerful people — from former presidents to Silicon Valley giants — as members of his network. He’s had Wall Street sitting at his feet, waiting for recommendations. He’s also been called “a true American genius” … and “Wall Street’s most influential technology trader.” Investors could have made bank on the trends he’s talked about, years ahead of the curve. [What’s he saying now? 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