"US GDP is worth less than half of what it was in 2001"

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sushi_chef
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"US GDP is worth less than half of what it was in 2001"

Post by sushi_chef »

"....Things only get worse for the US once you realize the numbers used by the World Bank are based on lies put out by the US government. For example, if you look at US government data, it says that prices in 2016 are only 35% higher than they were in 2001. That is because the US government has changed the composition of the basket of goods it uses to measure inflation over 20 times to make the inflation rate look lower. If you look at more realistic measures of inflation you will see that US prices are 160% higher in 2016 than they were in 2001.

http://www.zerohedge.com/news/2016-08-0 ... d-160-2001" onclick="window.open(this.href);return false;

Since the inflation rate is used to calculate GDP, what this means is that real US GDP is worth less than half of what it was in 2001.
"
http://benjaminfulford.net/" onclick="window.open(this.href);return false;


so, its about time for those exemplary church authority figures to show&tell their futuristic all-things-in-common life style in the next geneal conference?!.... :-B

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