The real economic numbers

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investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
The real economic numbers
Official Numbers vs. Real Numbers (per Shadowstats.com)
Annual U.S. Consumer Price Inflation   reported June 17, 2010
2.02%   9.22% (annualized June 2010 Rate)
U.S. Unemployment    reported July 2, 2010
9.5%   21.6%
U.S. GDP Annual Growth/Decline   reported June 25, 2010
2.42%   -1.48%
U.S. M3 reported June 15, 2010    (Month of May, Y.O

No Official Report 

 

 

 

- 5.91%

 

 

investorzzo's picture
investorzzo
Status: Diamond Member (Offline)
Joined: Nov 7 2008
Posts: 1182
Re: The real economic numbers

http://www.financialsense.com/node/1363

ashvinp's picture
ashvinp
Status: Gold Member (Offline)
Joined: Jan 21 2010
Posts: 412
Re: The real economic numbers

I'm not sure how -1.8% GDP squares up with +9% CPI under the real numbers column... that's some serious stagflation I'm not seeing.

machinehead's picture
machinehead
Status: Diamond Member (Offline)
Joined: Mar 18 2008
Posts: 1077
Re: The real economic numbers

It's misleading for Financial Sense to annualize a monthly (June 2010) inflation report. That's just sensationalist cherry picking.

Shadowstat's 12-month change from June 2009 to June 2010 is probably higher than the CPI's 2.0% increase. But that's the figure which should be compared.

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