Hello everybody and thank you for tuning in to the Liberty Report.

Sorry for our little bit of technical problems but we're back in business and ready to start our Friday show.

I want to start off with talking about inflation.

I've talked about inflation for a long time and it influenced me a long time

and a lot of people were talking about inflation but one of our things that we wanted to address today

is the subject of why do governments lie about it?

And because the whole issue of Fiat money is a big rotten lie.

And I don't know how they get away with it but they have for a long time because the Constitution was written

to try to keep us away from making these stupid mistakes with inflation.

And yet they're there and I think it's crucial because it does involve about everything we do.

And it's not so simple as they let the Democrats do it.

The Republicans do it and the Federal Reserve they don't even talk about the Federal Reserve.

Spending does it yes indirectly does.

So there's a lot of things about it but right now the government does and they once again are at it

and they're in motion of just changing the statistics.

They say, oh you all have inflation. CPI is going up.

Oh wow that's bad.

No, they just change the rules. They lie to us and the markets have to accept it because the markets are saying,

well even if it's true or not true, it doesn't matter.

How is it going to be reacting? How will the markets react to it?

So the other day I was looking through some records.

I came across a speech that I gave in 2006 on this subject and it was the end of dollar hegemony.

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