And that explains one of the key failings of the Fed. The two necessities in life, food and energy, are experiencing tremendous inflation. But the Fed’s inflation model ignores those things.
How stupid do you have to be to think people don’t need to eat or drive?
-Alan Andrews-I can’t eat an iPad
[People who end up in positions like that as well as with roles in government end up there not because they are smart, but because they’re too stupid to do anything else. They are trying to give new lies while the costs of basic living are obviously going up.
Who cares if the iPad is cheaper, people need to food, water, and fuel to live. Could the price for an iPad be dropping because demand has decreased? Has this decrease occurred because people instead are having to spend their money on food and transportation to their job? The fact is people are spending money on just what is needed, iPads are not necessary to survive.
Our leaders have done nothing but make life considerably harder, more complicated, and then they have tried to conceal it claiming it’s not a “cost of living”. The most important items that every person needs to survive are ignored. Remember though, there’s no inflation and everything is fine. –B ]
Barron is the owner, editor, and principal author at The Minuteman, a competitive shooter, and staff member for Boomershoot. Even in his free time he’s merging his love and knowledge of computers and technology with his love of firearms.
He has a BS in electrical engineering from Washington State University. Immediately after college he went into work on embedded software and hardware for use in critical infrastructure. This included cryptographic communications equipment as well as command and control devices that were using that communications equipment. Since then he’s worked on just about everything ranging from toys, phones, other critical infrastructure, and even desktop applications. Doing everything from hardware system design, to software architecture, to actually writing software that makes your athletic band do its thing.