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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: re3 who wrote (25256)12/6/2009 10:52:15 AM
From: Real Man2 Recommendations  Read Replies (1) | Respond to of 71456
 
He has it on his web site, shadowstats.com. Primer
introduction, detailing all changes and politically correct
reporting. While everyone knows the government stats is
politically biased, or incorrect (in other words), I do
think it's too much of a job for 1 person to reconstruct what
BLS does to it's reporting.

One thing that is well known to give lower CPI than reality
(and, as a result, higher GDP growth number) is that the index
is a geometric average. The proof exists in Statistics, it's
mathematical. So, this is absolute truth, like a proven
mathematical theorem. There can be no doubt that the CPI
reporting is incorrect. We don't consume geometrically. -g-

And if all numbers are screwed up, how can the Fed possibly
make an informed interest rate decision? Let alone the fact
that they are not Gods either.