Posted by DigiNomad on 26th of Jul 2024 at 12:03 pm
A lot of smart people maintain that the real data shows that
we've essentially been in a recession since 2009 that's been
constantly papered over with more and more printing to hold up the
data so that gaslighting would work and people wouldn't panic so
much as their standard of life consistently declines.
Check out Eurodollar University, some guests on Thoughtful
Money, etc. It's obviously not something you're going to hear even
hinted at on CNBC or Bloomberg - their one and only job is to sell
bonds and equities....the last thing they want to do is scare
people away.
Posted by DigiNomad on 26th of Jul 2024 at 02:44 pm
The gaslighting has been very effective. The general lack of
economics education has seemingly been part of the plan. The
argument would be that Bloomberg data is lying. As much as some
might like to support that idea, there is no evidence that
Bloomberg data is faulty.
Michigan Consumer Sentiment For July
Posted by steve on 26th of Jul 2024 at 10:00 am
Michigan Consumer Sentiment For July 66.4 Vs 66.0 Est.; 68.2 Prior
Call me the graph guy
Posted by steveo on 26th of Jul 2024 at 10:52 am
Call me the graph guy today
A lot of smart people
Posted by DigiNomad on 26th of Jul 2024 at 12:03 pm
A lot of smart people maintain that the real data shows that we've essentially been in a recession since 2009 that's been constantly papered over with more and more printing to hold up the data so that gaslighting would work and people wouldn't panic so much as their standard of life consistently declines.
Check out Eurodollar University, some guests on Thoughtful Money, etc. It's obviously not something you're going to hear even hinted at on CNBC or Bloomberg - their one and only job is to sell bonds and equities....the last thing they want to do is scare people away.
For all the people that
Posted by DigiNomad on 26th of Jul 2024 at 01:56 pm
For all the people that rolled their eyes and thought "Digi is at it again"....here you go. Would love to see data based responses.
So we are equal to
Posted by steveo on 26th of Jul 2024 at 02:38 pm
So we are equal to 1990, except the dollar is worth 40% less, nice way to gaslight the serfs
The gaslighting has been very
Posted by DigiNomad on 26th of Jul 2024 at 02:44 pm
The gaslighting has been very effective. The general lack of economics education has seemingly been part of the plan. The argument would be that Bloomberg data is lying. As much as some might like to support that idea, there is no evidence that Bloomberg data is faulty.
A long term chart of
Posted by steveo on 26th of Jul 2024 at 01:33 pm
A long term chart of the various M's money supply would be useful in wrapping ones head around that....well looky here, I made one.