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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