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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: Elroy Jetson who wrote (20373)10/20/2004 6:00:13 PM
From: Jim Willie CB  Read Replies (2) | Respond to of 110194
 
you seem to be a walking storehouse
been puzzled for over a month
read recently during my travels a great quote
from an older economist
I think it might have been Hayek, maybe Schumpeter

it went something like...

"any economic analysis should use raw data, not adjusted data, since to do so is bound to introduce wrong conclusions... most adjusted data is distorted in some way"

please help
muchly grateful if you know the source
/ jim