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Tucker Carlson Explains Why Inflation Is Even Worse Than You Think (VIDEO)

Democrats and the media continue to insist that the economy is doing well, but the American people know this is just not true.

During a recent monologue about his program, Tucker Carlson explained why things are even worse than most people realize.

It’s a little scary.

Here is a partial transcript via FOX News:

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This is what inflation really is in the United States

There is much about modern economic theory that is important but difficult to understand. In fact, many people who formulate these theories do not really understand them, and that is why they can never explain something clearly. But there is one core economic fact that everyone, even those of us with poor math skills, understands immediately, and that is when we get poorer.

How do you know when you’re poor? You know you’ll be poor if you do not have enough money to do the things you once did. You move backwards. It’s a very scary feeling.

Short of armed robbery. Nothing makes Americans poorer faster than inflation. Now, finance magnates who borrow money for a living love inflation. It makes their debt cheaper. This is a good thing for them, but everyone else hates it because it crushes them in ways that are very clear from day to day.

So with that in mind, the new inflation figures are out and it’s the worst this country has seen in almost 40 years. According to the Consumer Price Index, inflation has risen by almost seven percent over the past 12 months. It’s very high. The problem is the reality is much worse than that, and that’s because the consumer index is useless as a guide to life in America, it does not actually measure the cost of living.

That way, it’s a lie. This is a manipulated government number one of many. Now the CPI is calculated by assigning relative weight to different categories of goods. This is a very complex series of formulas. Some of them were formulated in good faith. Others are designed to deceive you. But in reality, the bottom line is, the CPI is doing a very bad job of measuring how much it actually costs to live in this country.

Check out the whole thing below:

The saddest part of this is that things are likely to get worse before they get better.

Cross placed from American Lookout.

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