“The federal government can fudge – can outright lie – about the various indicators of economic health. Can shift perceptions of reality. But reality can’t be dismissed so easily. If it takes more dollars to purchase cocoa or sugar then the price of a Creme Egg or chocolate bar has to increase commensurately in order to maintain the same equilibrium between the cost to make the item and the profit it earns. When the economy is flooded with funny money, the value of a given thing remains the same but its apparent cost increases. It takes more sheaves of funny money to buy the same item. This is inflation.”
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