by Mike Maharrey
GoldSeek
Don’t be fooled when you hear “inflation is coming down.” That’s not the plan and it never was.
The fact is price inflation was up in July.
And it will be up in August.
And it will be up in September.
That’s because rising price inflation is the Federal Reserve’s stated policy.
Remember, the target is 2 percent annual price inflation. That means the plan is for prices to generally rise by 0.16 percent every month.
And they’re not even there yet.