reporting on inflation, GDP and the job market has been abysmal. Most folks do not realize that…

Real Inflation hit 10.8% in June 2024. the government has skewed the number in a favorable light to better serve the current folks in power.

So if you had a strong feeling that the prices you are paying at the grocery store and at the pump are higher that what’s being reported…you are not going crazy. 

Also… since the inflation number is used as a deflator for the Gross Domestic Product (GDP), this has (in turn) given a false positive for the GDP. 

In fact, when you use the real-world inflation number, you will realize that we have had a NEGATIVE GDP for the 1st and 2nd quarters of 2024…in other words…

                                                WE ARE ALREADY IN RECESSION!

Meanwhile, the unemployment rate is actually much higher than the official rate reported. 

To learn more about these numbers so that you get a better picture of the economy at large, I interviewed John Williams of www.ShadowStats.com. 

See the video below…and please share with others. The only way to be better prepared with your budget, your finances and your investments, is to have a more accurate picture of the general economy and conditions you are facing.

CLICK BELOW…