CHAPTER 4INFLATION, INFLATION, INFLATION! THE SECULAR BULL MARKET IN COMMODITIES IS ALREADY WELL UNDER WAY

Our retirement couple, the Smiths, like most Americans, are well aware that prices for ordinary items like food, healthcare, gasoline, and utilities have steadily climbed over the last decade and at an increasing rate. Never mind that the reported government inflation rate, the consumer price index (CPI), is “under control” according to Federal Reserve Chairman Ben Bernanke. Annual increases in the social security checks the Smiths receive each month are calculated based on this misleading and government manipulated gauge of inflation. In 2010 and 2011 there was no increase at all in their payments because the government said that there ...

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