Friday, February 11, 2011

Marc Faber : Bernanke and he Bureau of Labor Statistics is continuously lying about the inflation

U.S. Government Lying About Inflation and Jobs Market
Marc Faber : " I have very large subscription base and I ask my readers whoever thinks that the cost of living is going up by less than 5 percent per anum to please send me an email ...I did not one single email  and I guarantee you also for your family and for every family in the US that The annual cost of living increases are more than 5% today and the Bureau of Labor Statistics is continuously lying about the inflation rate, including Mr. Bernanke. He’s a liar. Inflation is much higher than what they publish.I think that inflation is between 5% and 8% per annum in the US, and in Western Europe, a little bit lower, also 4-5% per annum.”..Marc Faber estimates that inflation in the US was currently Is Running Up To 8 per cent , and between 4 and 5 per cent in Europe.

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