Tag: US GDP
The Real Horror of Labor Statistics
January 11, 2024
Let me explain about labor statistics. Back in the ’90s, one staff member was in charge of verifying all government statistics worldwide. That project...
OpinionAre We in a Recession?
August 1, 2022
They will never learn. Federal Reserve Chairman Jerome Powell apologized for calling inflation “transitory” when all data pointed to it rising. The White House...
EconomicsThe White House Changed the Definition of a Recession
July 26, 2022
Governments have a way with words. Namely, they can change the definition of a word at the stroke of a pen. The definition of “vaccine” changed under the...
EconomicsThe Fed Has Spoken
December 17, 2021
The Federal Open Market Committee plans to taper its asset purchasing program by $30 billion per month. Starting in January, the central bank will begin buying $60...
Central BanksBlog Alerts
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