To Hell With What the Fed Says, “Inflation Is Already Here”: Mike Pento

No kidding

These goverment inflation figures as well as the unemployment rates are the phoniest things since pro werstling. They are both severely edited and undersounted.

Anyone who would believe them or plan and actions based upon them is an imbecile.

Inflation is high. I wish there was some independent watchdog group that monitors real inflation. I own a small manufacturing concern and every time I buy parts and inventory, I just cringe. Everything keeps going up. Wire, sheet metal, cardboard boxes, parts, you name it. All types of insurance, food, fuel, utilities, hair cuts, there is no relief. Now peanut butter is up 50%. To make matters worse, my money in the bank earns a whopping .5% and that is a premium top end rate. I have some accounts that earn .05%. It's getting scary. I mean food riot kind of scary.

Listening to the FED is like listening to a thief telling you he is helping you as he steals your wallet.

My cable bill doubled in three years, utility rates have gone up big time, tuition, medical, auto and house insurance have all gone way up too. don't ignore these bills too.

Nobody thought we would inflate our way out of this mess? Really shocking!

You cannot trust the Fed Gov or the Federal Reserve.
Abolish the Federal Reserve Act!!

The government KNOWS there is inflation.
But, they have to deny it because of the COLAs
for all the government workers and social security recipients.

Lets see my electric rates are up 34.2% the last 3 years,food aroung me is up at least 25% if not more , gas prices are at 3.50 a gallon up 50%, my water bill is up 50% ,, my meds doubled the first of this year. Yeah we ONLY have 3.9% inflation , every 4 months !

Agora Financial are the best

Bernanke needs to be deflated.

A loaf of bread that cost me a buck 79 about a year and a half ago is now 2.50 if that is not inflation I guess I do not understand the definition of inflation.

Anyone who buys groceries or energy products, or uses medical services knows inflation is with us. They call these things "volatile", but they're also the necessities of life. Discretionary items, particularly electronics, may be coming down, as they usually do, but who buys a laptop or new TV every week?
The Fed, however, promised they'd keep interest rates low for two years (now down to about a year) so they'd lose all credibility if they broke this promise and raised interest rates.
Manipulating money has become ineffective in getting the economy moving. The country needs a stimulus that creates demand for goods and services, not more rewards for campaign supporters. That will create jobs and lower the misery index. We need leaders, not politicians, and leaders are in short supply.

There is no inflation. If you take fuel, food, transportation, healthcare, education costs and taxes out of the equasion prices are actually going down!

Inflation started to set in over a year ago. Anyone who goes to the supermarket at least once a week knows that. For anyone in or out of government to deny it, is either an idiot or just doesn't pay attention to the world around him/her. Thank the folks who brought you the "Stimulus".

government inflation figures are a joke because they disregard "volatile" food and energy prices, as if volatility is any reason to exclude them. Most of what we pay for is directly affected by energy prices, or IS energy prices (gas, heating oil, electricity). Moreover, food is kinda important, and we know how expensive that has become! The truth is, they will never allow a spike in interest rates because it would make the national debt all but impossible to pay off.

You havent felt anything yet. Give it time.

wow one comment and that comment still is not getting it. He is seliing you the truth or is that to much to handle. Wait tilll next year. Mybe you get the mesagehen you will pay more at the pump

Inflation is here in full force, only to get worse. The Feds don't see it because they are all millionares, democraps and repugnantcrats. Just the poor working man feels it.

Of course Bernanke is saying there's no inflation. If he told it like it is he would have to raise interest rates. Damned if he does, damned if he doesn't. All the while, congress keeps doing nothing about the real problem......WE'RE SPENDING MORE THAN WE'RE TAKING IN.

Need any more reasons NOT TO REELECT OBAMA???