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overtheedge
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Wading Through Molasses: "Did the Real Economy, Not Counting Government, Expand in Last 20 Years?" - Mish - Global Economic Analysis

"All of the hyperinflation calls have been missed by a mile."
So far, so good until ...
The greatest problem faced by investigators is their own biases.
Given the above statement, is it rational to completely discount the possibility?

Commented 3393 days ago

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Beginning of the headline :I received an interesting question from reader Michael yesterday. Michael asked "Did the Real Economy, Not Counting Government, Expand in Last 20 Years?" Reader Michael did not think so. Take a moment before reading further to think about how I might answer and how John Williams at Shadowstats might answer. My Response If the average standard of living has gone up, then we have had growth. Better cars, more cell phones, bigger houses, better stuff in general, says we have had growth. In spi... Read More

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