🔴 You Can’t Depend on Politically Crafted Government Data - Ep 983

Critiquing job reports. Questioning the Fed. Scrutinizing data. Inflation methods. Political motives. State preparedness.

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Laughing Cats - GYB OFFICIAL MUSIC VIDEO: https://youtu.be/dSdTZ3judPs?feature=shared

Schiff critically examines the recent jobs report, labeling it as misleading and detailing the implications of government employment statistics. He questions the significance of the Federal Reserve's decisions on interest cuts, given what he considers unreliable government data. Schiff delves into the complexities of inflation reports, expressing skepticism on the methodologies for calculating inflation and unemployment. He also addresses the political motivations behind such statistics. Emphasizing Milton Friedman’s perspective, Schiff highlights government spending as the true measure of taxation and inflation. Additionally, he critiques the inefficiencies of FEMA and advocates for state-level emergency preparedness. Schiff touches on his wife's new music project and encourages support for her band, 'Laughing Cats.' The episode wraps up with Schiff’s comments on upcoming content and a holiday observance note.

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Laughing Cats - GYB OFFICIAL MUSIC VIDEO: https://youtu.be/dSdTZ3judPs?feature=shared

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TIMESTAMPS
02:14 The Evolution of the Podcast Intro
04:02 Sound and Video Quality Improvements
04:43 Debunking the Jobs Report Hype
09:52 The Misleading Nature of Economic Indicators
17:23 Analyzing the Latest CPI and Inflation Trends
23:37 The Real Cost of Inflation: Insurance Rates
29:49 The Unique American Tax System Explained
32:32 The Origins of Income Tax
33:29 The Civil War's Economic Impact
36:15 Trump's Tax Promises
39:24 Economic Misconceptions and Realities
46:37 The Broken Window Fallacy
51:59 FEMA and Government Overreach
57:14 Promoting New Music

#economy #inflation #governmentspending