Don’t Believe The Wrong Things - Peak Prosperity

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We live in a post-truth world. Unfortunately, this really complicated the already complicated subject of investing. I mean it’s hard enough already, right?

But our official statistics aren’t even remotely correct. Inflation and Jobs are two sets of numbers the US government routinely fibs about.

And the Federal Reserve spends far too much time trying to keep stocks and bonds at inflated values. Those efforts at central planning will end the same as they always do; rubbished on a heap of unintended consequences.

Still, this is the game and we have to play.

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