Slavery and Thievery President Nixon addresses the Nation on August 15, 1971: "I have directed Secretary Connally to suspend temporarily the convertibility of the dollar into gold or other reserve assets, except in amounts and conditions determined to be in the interest of monetary stability and in the best interests of the United States." Corruption Starting with January 2023 data, the BLS plans to update weights annually for the Consumer Price Index based on a single calendar year of data, using consumer expenditure data from 2021. This reflects a change from prior practice of updating weights biennially using two years of expenditure data. Proof https://shadowstats.com/ https://twitter.com/peterschiff/status/1292184220887126018 This isn't the first change in the CPI. Over its history the formula has been changed many times, always to underrepresent the actual rate of inflation. If you calculate current inflation by the CPI formula if the 1980s you'll find our current inflation is 15-18% instead of the lying numbers they release now. You can always win the propaganda war if you control the metrics used to report "facts." This is but one way the media and government collude to keep people ignorant of the massive theft of their buying power.