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Strategies & Market Trends : Galapagos Islands
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To: zonder who wrote (44233)7/16/2003 1:13:02 PM
From: Lazarus_Long  Read Replies (2) of 57110
 
However, in the short term, those who control the information feed control the market sentiment.
YOU'RE CHEATING! YOU'RE LOOKING BEHIND THE CURTAIN! :-)

You can often see this going on. What ordinarily would be bad news becomes good or is underplayed or ignored. And good news becomes bad or is ignored if the program is "DOWN!"

That, they have been able to do only through misrepresentation of the actual inflationary data of the country.
This has been going on for decades. The use of a "basket" of goods to measure inflation appears inevitable. However, in the '70s the gov't started manipulating ("improving") the contents of the basket to get the numbers they wanted.

The same thing has been going on with unemployment data for some time. It used to be a fairly accurate measure; now people are dropped from the census to make the numbers appear better. If the gov't says unemployment is 6%, figure 25% to 50% higher.

Am I getting too cynical? :-)
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