The Fed’s Magic 8-Ball Strikes Again: Third Time’s the Harm

Inflation: What It Really Is (And Why the Fed Acts Like It’s No Big Deal)

Let’s get real for a second: inflation isn’t just some magic number the Fed pulls out of thin air. It’s when there’s too much money chasing too few goods—basic economics 101. But, of course, the Fed seems to have missed that class. With the government on an endless spending spree, and the Fed printing money like it’s confetti at a New Year’s party, we now have more dollars in the system than ever before. And guess what happens? Those dollars start losing their value. Imagine the Fed is hosting a pizza party. Except, instead of getting enough pizzas, they just keep inviting more people to the table. Suddenly, each slice is getting smaller, but they keep insisting, “No worries, there’s plenty to go around!” That’s inflation in a nutshell—your money is buying fewer and fewer slices. Now, according to the Fed’s crystal ball (or, more likely, their trusty Magic 8-Ball), inflation is sitting at a cozy 2-3%. So, they shake it, ask, “Is inflation under control?” and like magic, it answers, “Outlook good.” But if you’re like the rest of us—paying for groceries, gas, insurance, and rent—you know the only thing inflating around here is your blood pressure every time you check out at the store. Out in the real world, where we’re trying to survive on more than just Fed-approved wishful thinking, inflation is well over 20% for the things that matter. Food prices? Up. Energy bills? Through the roof. Insurance premiums? Let’s just say they’re climbing faster than your treadmill speed during that post-holiday workout. But sure, let’s pretend that inflation’s all under control. The Fed would have you believe it’s no big deal, as if they’ve solved the problem with a wave of their murky orb. Spoiler alert: they haven’t. Meanwhile, your paycheck is turning into Monopoly money right before your eyes. Your savings? Vanishing into thin air. Everything we actually need to survive—food, energy, insurance, housing—is becoming more expensive by the day. But don’t worry, the Fed’s got it all figured out. After all, they’ve got a Magic 8-Ball. Maybe next they’ll ask it where all our purchasing power went, and it’ll reply with, “Ask again later.”