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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Jacob Snyder who wrote (105056)5/26/2001 11:51:35 PM
From: craig crawford  Read Replies (1) of 436258
 
I'm not saying the govt statistics don't have a place, I'm just saying they're phony. Our goal as investors/traders/speculators is to arrive at the truth before they're borne out in the numbers that everyone else panders to.

Not only that, but the numbers change anyway! The government says GDP is 2% and then it get's revised down to 1.3%, a 35% difference. It's all just a bunch of hogwash, and we can't trust the government to tell us inflation is here. Just look at Greenie Da Weenie. Don't worry about inflation, blah, blah, blah. What else can he say? Inflation is heating up so I can't cut rates and print money anymore to please wall st and get us out of a worldwide deflationary spiral?
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