Episode-588- Listener Feedback 1-17-11 — 3 Comments

  1. Let’s keep in mind that one of the key reasons for our low inflation numbers here in the US is the direct manipulation of the number to keep it low so that COLAs (Cost Of Living Adjustments) do not have to be paid out based on a higher CPI (Consumer Price Index). The only reason for taking food and energy out of the CPI is to maintain false low numbers.

    For the same reason, the government’s unemployment numbers do not take into account the people who have dropped out of the search. The U-6 number is a much truer reflection of real unemployment than the usually reported U-3 number.

    Lies, damned lies, and statistics!

  2. Cashing out the 401k to buy pitchfork shields for the children? You had me laughing all the way home, Jack!