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False Economic Growth [Video]



-- Posted Friday, 15 June 2012 | | Disqus

Ty Andros and Gordon T Long discuss how blatantly false and flawed the current GDP reporting of economic growth has become. This three part video series goes into significant detail on what the flaws are, how this has come to be and the consequences of the unfortunate lies and misinformation being propagated. New findings in the little understood concept of "Imputation" are unveiled and how it further expands the statistical misuse of Hedonics and Substitution.

GROSS DOMESTIC PROPAGANDA



The Three Part Series includes:

Part I: FALSE ECONOMIC GROWTH - Fake Numbers

  • Ty Andros and Gordon T Long discuss the magnitude of the distortions in the economic measurements of growth presently being touted by the government as indications of a strengthening economy.

Part II: FALSE ECONOMIC GROWTH - "REAL" v Nominal Growth

  • In Part II of this series on Economic Growth, GordonTLong and Ty Andros discuss REAL growth versus nominal growth, the deflator, inflation and the distortion that the misleading reporting of growth is creating, both in America and globally.

Part III: FALSE ECONOMIC GROWTH - Consequences of the Lies

  • In Part III of this series on Economic Growth, GordonTLong and Ty Andros discuss the Mal-investment, Mis-pricing and other factors which are a direct result of the consequences of the lies about real economic growth presently being propagated.

Part I:

Part II:

Part III:


-- Posted Friday, 15 June 2012 | Digg This Article | Source: GoldSeek.com

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