Sorry for the tone.
John Walter William's agenda is to provide traditional CPI, GDP, and unemployment numbers. What other agenda do you think he has? I have not come across a independent peer review, but I know many reputable people quote him, and many people agree that the numbers the government reports are phony.
All I can say is government numbers hardly reflect reality. How can the CPI say inflation is at 4%, when food prices and other commodities have been rising much higher than that annually? I don't even look at the CPI for inflation, I just look at the growth of money supply. Odd how the Fed stopped reporting M3 back in 06 just before Ben Bernanke started really cutting interest rates.
John Walter William's agenda is to provide traditional CPI, GDP, and unemployment numbers. What other agenda do you think he has? I have not come across a independent peer review, but I know many reputable people quote him, and many people agree that the numbers the government reports are phony.
All I can say is government numbers hardly reflect reality. How can the CPI say inflation is at 4%, when food prices and other commodities have been rising much higher than that annually? I don't even look at the CPI for inflation, I just look at the growth of money supply. Odd how the Fed stopped reporting M3 back in 06 just before Ben Bernanke started really cutting interest rates.
Last edited by Phrozenbot (2008-06-08 19:31:52)