Скачать или смотреть ShadowStats: why inflation is manipulated by the US government | GoldRepublic Podcast #23 (Part 1/2)

Are governments and central banks reporting accurate inflation numbers? Why are the inflation numbers not reflecting reality? What inflation calculation methods are more reliable?

In the first part of our conversation with John Williams from ShadowStats, we break down inflation: why are U.S. government and the Federal Reserve reporting inaccurate inflation numbers, the implications on GDP, the different reporting methods and the link between money supply and inflation.

🗓️ Recording date: 05/10/21

⏰ Topics ⏰
00:00 Intro
01:33 Definition of inflation
02:42 How inflation is calculated
04:40 Why and how the U.S. government changed inflation reporting
12:30 Difference between CPI and PCE
17:20 How hedonics and substitutions are lowering inflation
19:22 Inflation's rate VS rate of change
24:12 Measurement of the Bureau of Labor Statistics
25:20 Inaccurate economic reporting & numbers
27:04 Why the FED doesn't use CPI
28:20 Advantages of understating inflation
30:58 Link between money supply and inflation
33:53 GDP reporting is not reflecting reality
34:57 Only government data that can be trusted
37:02 Outro

💡 About John Williams (ShadowStats)
"John Williams’ Shadow Government Statistics" is an electronic newsletter service that exposes and analyzes flaws in current U.S. government economic data and reporting, as well as in certain private-sector numbers, and provides an assessment of underlying economic and financial conditions, net of financial-market and political hype.

👉 Website:
http://www.shadowstats.com/


🎙️ GoldRepublic Podcast 🎙️
A podcast inviting guests with valuable insights into the emergence of a new monetary system through the lens of precious metals, cryptocurrencies and other financial instruments presented by Bart Brands, Precious Metals Specialist and Alexej Jordanov, Content Architect at GoldRepublic.

👇 Subscribe to the podcast & leave a review 👇
🔘 Spotify:
https://open.spotify.com/show/4AxNbMR...
🔘 iTunes:
https://podcasts.apple.com/nl/podcast...
🔘 YouTube:
   • GoldRepublic Podcast  

🔎 Need more information about our platform?
Visit us on our website: https://bit.ly/38p4qth​

🟠 Want to open an account directly?
Click on this link: https://bit.ly/38stf7p​

📲 Want to invest in precious metals and check gold and silver prices?
Download the GoldRepublic app:
Google Play: https://play.google.com/store/apps/de...
Apple Store: https://apps.apple.com/nl/app/goldrep...

⚠️ DISCLAIMER ⚠️
The information provided in this video statement is not an offer, investment advice, or financial service. It is also not intended to encourage you to buy or sell a product or to purchase a service from GoldRepublic, nor as a basis for an investment decision. A decision to invest in a GoldRepublic product can and may only be based on the information contained in a final prospectus and any Key Investor Information and other information about the product concerned (such as annual or semi-annual results). This information is available on the website (www.goldrepublic.com). If necessary, call in an advisor.

#INFLATION #FED #USA