U. S. Government Says Inflation Rate is 3% While Everybody Knows It’s Much Closer to 10% Fed Knows It Too

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Because of China Joe Biden’s profligate spending for the socialists’ wishlist, inflation has struck big time, probably approaching 10% now, so unless the Federal Reserve wants that kind of inflation ongoing, interest rates will soon rise perhaps quite dramatically which though would cause the debt payments for the U. S. to rival the taxpayers’ money spent for the U. S. military’s budget.