How Government Keeps 72% Inflation Hidden

How Government Keeps 72% Inflation Hidden

When in the United States, do as the Romans.  Hiding inflation was a sneaky practice in Rome, as the government would clip the edges of precious metal coins, keeping the clippings to make new coins, while continuing to circulate the coin at the same face value.

Today we find the Bureau of Labor Statistics using the same kind of tactics when products are sold at the same face value, but the amount of the product itself is less, yet still reporting a zero inflation percentage.  See how this works on the next page.

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