Loading ...And all the college educated adults could NEVER calculate or provide an honest, proper and or accurate consumer inflation rate. Aka CPI Consumer Price Index. I, Mr. Copper with experience and observations (data in my brain) can provide the most accurate inflation rates over the long term.
Below photos of useless educated people. Think about it. From 1970 to 1980 they raised rates 5% to 21% because of over printing counterfeit money from 1934 to 1971. From 2000 to 2021 the bozos ran rates down from 20% to almost 0%.
The overboard money creation has the Dow SnP, Real Estate and bond prices way too high. There is still so much excess unspent money crowding into bank accounts money markets CDs etc nobody needs the money. Its a liability. Some banks I heard charge fees, negative interest. My cousin just told me she was charged $5 on her debit card for lack of activity.