The U.S. Government Hides True Economic Data!

Episode 97 of the The SatsMate Stack podcast, hosted by Paul SatsMate, titled "The U.S. Government Hides True Economic Data!" was published on May 19, 2024 and runs 11 minutes.

May 19, 2024 ·11m · The SatsMate Stack

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Summary

Hey SatsCrew, The government-issued statistics from the BLS (Bureau of Labor Statistics) are a complete joke & lie. Constantly hedonic adjustments are being made the hide the true reality of the inflation we are seeing in the country. They fool us into thinking prices rise by x+1 when they rise by x+5. The unfortunate reality is that we make decisions with this data that don't fully protect us, and we can see the true reality of the situation with our own eyes. Shadow...

Episode Description

Hey SatsCrew,

The government-issued statistics from the BLS (Bureau of Labor Statistics) are a complete joke & lie. Constantly hedonic adjustments are being made the hide the true reality of the inflation we are seeing in the country.

They fool us into thinking prices rise by x+1 when they rise by x+5. The unfortunate reality is that we make decisions with this data that don't fully protect us, and we can see the true reality of the situation with our own eyes.

Shadow Government Statistics
Why Governments Lie
Bending the truth
Hedonic adjustments have happened over a dozen times since
Recently removed from the index Tomatoes, vegetable oils & Coffee
Previously New Cars/trucks, housing, furniture, lamb, train fares and more
Government needs the courage to stand behind these numbers
Hedonic adjustments are just lies that fool the normies and the mainstream
It hurts everyday shoppers and consumers because they are told one thing and see another
OPT out with the hardest money ever
They can’t mess and hedonically adjust the bitcoin chart data
Bitcoin is the tip of the spear, a positive or negative omen that encapsulates how the market feels
It is the free market for better or worse, and we need freedom and transparency on the ledger, not government manipulation

What are your thoughts you see with hedonic adjustments on inflation numbers? Do you think this is overplayed and what do you think the real inflation rate is in the U.S?

I'd love to hear your thoughts, and thank you all for the support!

Best Regards,

SatsMate

Bitcoin Buys: https://invite.strike.me/2MSTYG

Financial Disclaimer: Nothing stated in this video is a recommendation from SatsMate to buy or sell a particular security or asset class. It would help if you wisely considered your tolerance for risk, time horizon, and financial goals before making an investment. With investing, you risk losing money, always read an investment prospectus and make an informed decision before allocating capital to a particular investment

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