Phil on Nostr: US Economy grew at a 2.8% pace in the second quarter, according to the Commerce Dept. ...
US Economy grew at a 2.8% pace in the second quarter, according to the Commerce Dept. Despite using real GDP (i.e., net of inflation), this is fake news if you understand that the CPI as a true measure of inflation is completely divorced from reality for most Americans. The economy has been shrinking on a real basis, and it’s been this way for a while.
Published at
2024-07-25 12:40:16Event JSON
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