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Only fools would think Joey is not lying and in fact when it comes to the Dim party , fools would think the Dim party is not selling this country a bill of goods!
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This is a tax. It is the inflation tax. And if you look at how much the cost of living went up, measured by the [consumer price index] in the first four months of this year, it’s 2 percent. So, if you triple that to annualized it, we have consumer prices rising at 6 percent annually,” the economist warned.
“But if you look at the monthly numbers, every month it accelerates. So, if you extrapolate the trend of the first four months of this year for the entire year, you’re going to get a 20 percent increase in consumer prices in 2021,” Schiff warned.