The GDP and Jobs data quoted are a little different beneath the surface. Most of the "jobs" created are either low paying part-time, Government or entirely fictitious from the "Birth/Death" "MODEL. And most of the GDP gains are from Capex in Data Centers. And the true rate of inflation is almost certainly closer to Shadowstats! If the economy is doing so well, how come so many Americans are broke that even Dollar Tree is feeling the pinch?
Am I correct in thinking that we have been at an average rate of inflation of 7% annually for the past 10 years? Basic investment math says at 7% money doubles every 10 years. Well prices have doubled since 2016, so it seems to me that we have been running at an average of 7% inflation for the past decade. Of course that's not what the cronies in DC say.
The GDP and Jobs data quoted are a little different beneath the surface. Most of the "jobs" created are either low paying part-time, Government or entirely fictitious from the "Birth/Death" "MODEL. And most of the GDP gains are from Capex in Data Centers. And the true rate of inflation is almost certainly closer to Shadowstats! If the economy is doing so well, how come so many Americans are broke that even Dollar Tree is feeling the pinch?
Federal Reserve = Fake & Gay
Mainstreet has no boom.
Am I correct in thinking that we have been at an average rate of inflation of 7% annually for the past 10 years? Basic investment math says at 7% money doubles every 10 years. Well prices have doubled since 2016, so it seems to me that we have been running at an average of 7% inflation for the past decade. Of course that's not what the cronies in DC say.
Preferably the war will end