Spin City
Some of the finest handcrafted spin culled from a widely circulate AP press release....
Spin: "Wall Street was concerned that a scarcity of workers would make it harder for businesses to hire and retain workers."
Truth: Looking at the advertised 4.5% unemployment number and then factoring the actual disoccupation number of around 10%, there is anything but a SCARCITY of workers.
Spin: "Persistent wage inflation could make the Federal Reserve less likely to lower interest rates."
Truth: Nominal wages are stagnant and real wages are actually down.
Spin: "The central bank, which remains vigilant about inflation..."
Truth: The central banks are anything but vigilant on inflation.
Central banks are in the business of creating inflation through systematic competitive debauching of their currencies.
That's how the money shuffler's profit and the public gets robbed blind while asleep at the wheel.
The media's duplicity in the spin has certainly helped the Fed create "well anchored inflation expectations". More to come.
Spin: "Wall Street was concerned that a scarcity of workers would make it harder for businesses to hire and retain workers."
Truth: Looking at the advertised 4.5% unemployment number and then factoring the actual disoccupation number of around 10%, there is anything but a SCARCITY of workers.
Spin: "Persistent wage inflation could make the Federal Reserve less likely to lower interest rates."
Truth: Nominal wages are stagnant and real wages are actually down.
Spin: "The central bank, which remains vigilant about inflation..."
Truth: The central banks are anything but vigilant on inflation.
Central banks are in the business of creating inflation through systematic competitive debauching of their currencies.
That's how the money shuffler's profit and the public gets robbed blind while asleep at the wheel.
The media's duplicity in the spin has certainly helped the Fed create "well anchored inflation expectations". More to come.
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