Posted by DigiNomad on 31st of Jul 2024 at 02:40 pm
If you watched these for a decade or so, you start to realize
that he has no choice but to lie (in good times and bad).. It's
essentially his job so I don't hold it against him. I wish
economics didn't respond so well to what amounts to propaganda, but
it kinda does (kinda not the write word - it's essentially
scientifically proven that consumer perceptions drive reality....so
lie to them at all costs and hope they believe you. In other words,
gaslighting is an important economic tool).
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the exact word changes from
Posted by kingpin15 on 31st of Jul 2024 at 02:12 pm
the exact word changes from this meeting to last..............
-Changes job gains from "strong" to "moderated"
-"UR moved up but remains low"
-Inflation from "elevated" to "somewhat elevated"
-Change from "inflation risks" to “both sides of dual mandate”
If you watched these for
Posted by DigiNomad on 31st of Jul 2024 at 02:40 pm
If you watched these for a decade or so, you start to realize that he has no choice but to lie (in good times and bad).. It's essentially his job so I don't hold it against him. I wish economics didn't respond so well to what amounts to propaganda, but it kinda does (kinda not the write word - it's essentially scientifically proven that consumer perceptions drive reality....so lie to them at all costs and hope they believe you. In other words, gaslighting is an important economic tool).