By Selwyn Duke

“Officially” is a funny word. Officially, China’s constitution guarantees freedom of speech and religion. Officially, homosexuality is outlawed under Islam (but loopholes exist). Here’s another example:

Officially, our Consumer Price Index (CPI — what’s informally called “inflation”) rose 7.3 percent this year — or 6.9 percent, depending on whom you believe. This would make it the highest in 39 years. Banking on this, however, would be a bit like assuming you could mount a soapbox in Shanghai, call Xi Jinping a traitor and not end up “re-educated.”

For in fact, says one analyst, the real 2021 CPI is 15 percent — the highest in American history.

Indications are that it’s going to get worse, too.

Read the rest here.