Re: FED recalculates US GDP for 1st
Qtr 2015 at bottom of these comments, as in take a look at the FED’s own new
charts!!!!
We have
been predicting for the last six years, (March 2009) that due to the onslaught
of the ‘Kondratieff Three Wave Tsunami’ the US Gross Domestic Product (GDP) will
continue shrinking into the 2035 to 2040 era, with yet TWO MORE Deflationary (as in economic activity and NOT prices)
Waves ahead of us.
And, in point
of fact, the US GDP has never been in the black (growing) ever since the Credit
–Crisis 0f 2007/08, despite all the MSM reporting to the contrary!
And to
understand how this can be the actual reality that is in direct confrontation
to that reported in the MSM PORE ‘Stream of Crap’ that is watched everyday on
the Sheeple’s FV’s, one must understand that the real US has been in a tailspin
ever since the mid 1980’s when all the inflation gauges were horribly tampered
with to allow for the insane policies of Reagonomics to be installed: this was done so that the deaf, dumb and
blind Sheeple would never understand
that their economy would be in a perpetual state of shambles --- thereafter.
How was
this macabre plan of devolution effected?
Well, the
market basket of goods analysis was dropped in favor of computer generated algorithms,
i.e. garbage in = garbage out.
So, nobody
is monitoring the cost of what the average American is purchasing to stay alive.
For
instance, have you noticed the escalating price of screws, nails, plastic
lock-ties, crackers, cereal, bread, donuts, all baked goods, cosmetics,
magazines, newspapers, cookies (Girl Scout?), asphalt shingles, apples,
walnuts, plywood, Graham Crackers, windshield wipers, brake shoes (pads),
Silicone Sealant, glue, razor blades, meat, canned vegetables, Dairy Products, crap
food at fast food joints, garbage cans, candy bars, soft drinks, home insurance,
paper, toilet paper, bleach, sponges, tolls, speeding & parking tickets, auto
repair tickets, etc., etc., etc., etc., etc???
And don’t
tell me about gasoline; that is a ‘red herring’ that is soon going to explode in
price when the reality of the HORROR of Fracking truly sets in, i.e. can you spell
Aquifer, as in horribly contaminated WATER and can you spell Richter as increasing
EARTHQUAKES!!
And by the
by, we are talking about a ‘Market Basket of Goods’ necessary to stay alive: and that necessarily is everything – not just
gas.
Why is this
important to accurate calculations of the US GDP?
Well the
inflation rate is a primary element (perhaps THE) in the calculation of the
GDP. In other words if the real inflation
is high, then GDP will necessarily be lower than when the real inflation rate is
low!!!!
So, by
reporting low inflation rates the US GDP can be reported as much, much higher
than it really is!!
We are
told every day on our FV’s that the inflation rate is 1.5% to 2.25%, and going
lower; when in fact – IMO – it is actually around 9.5 to 13% and going much,
much higher!!!!!!
Translation?
Well, rather
than a US GDP that is positive by 2.5 to 4% per quarter, we are actually experiencing
a US GDP that is actually SHRINKING by roughly 5 to 7% every quarter, year
after year.
And now,
guess what ?
The
reality is starting to sink into the heads of the Sheeple; so, the, FED is just
starting to mess with the numbers – just a little – to try to create the
impression that they are on top of the reality of this Shrinking US economy!!
Look at this
latest Atlanta FED calculation of 0% US GDP!!!
So, now
with the truth being unveiled, the pumpkin heads, nincompoops, charlatans, in the
EMM community will have to start thinking!!
Wow!!
For
a rehash of all our handy-dandy acronyms, like FV for Funny Visions and EMM for
EconoMystical Mystic– go to the bottom of our homepage at www.polestarcomm.com.
