The government numbers are a crock. Inflation and unemployment are way higher than they say. Their lying numbers are going to work out in a funny sort of way this time though. Higher cost energy and sleazy debt induced inflation is just now hitting the CPI. Combine this with their own lowball unemployment numbers and that gives BB all he needs to justify further tightening. Funny, they end up drawing the right conclusions from faulty data.
I'm a lawyer in my early 40s, and after looking for a way to do something other than the practice of law, I'm resigned to the fact that I can't earn bupkis doing anything else. I like lots of things, and I like to talk about them incessantly.
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The government numbers are a crock. Inflation and unemployment are way higher than they say. Their lying numbers are going to work out in a funny sort of way this time though. Higher cost energy and sleazy debt induced inflation is just now hitting the CPI. Combine this with their own lowball unemployment numbers and that gives BB all he needs to justify further tightening. Funny, they end up drawing the right conclusions from faulty data.
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