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@modawoud- Our GDP is also phony. Last time I checked, GDP=Gross Domestic Product or Production. But what do we produce? Everything is designed here and is then outsourced or "offshored" to be manufactured. I just talked to Chris and he said inflation according to Austrian Money Supply figures is now running at 12%! And unemployment is now over 20%!
CPI and unemployment are the biggest understated economic data out there. If they reported the real unemployment rate and CPI, then we would have a depression and gold/silver would be higher.
@modawoud- Our GDP is also phony. Last time I checked, GDP=Gross Domestic Product or Production. But what do we produce? Everything is designed here and is then outsourced or "offshored" to be manufactured. I just talked to Chris and he said inflation according to Austrian Money Supply figures is now running at 12%! And unemployment is now over 20%!
WallStForMainSt 1 year ago
CPI and unemployment are the biggest understated economic data out there. If they reported the real unemployment rate and CPI, then we would have a depression and gold/silver would be higher.
modawoud 1 year ago
@manfries- LOL. More like NO RECOVERY. Only the stock market recovered. Main St had no recovery really!
WallStForMainSt 1 year ago
you mean the "slow recovery" thats a lie
manfries 1 year ago