muses of the moment

September 15, 2012

The real stats

Filed under: Economic Crisis, Inflation, The Financial Crisis — Tags: — totallygroovygirlfriday @ 8:37 pm

You pay for the detail, but here is the summary from John Williams from shadowstats:

– Fed Easing Aimed at Propping Banking System, Not Boosting Economy
– CPI and PPI Headline Inflation Highest Since June 2009
Headline CPI Held at 0.6%, Instead of 1.0%, Due to Intervention Analysis?
– August Year-to-Year Inflation: 1.7% (CPI-U), 1.7% (CPI-W), 9.3% (SGS)
– Retail Sales Showing Consistent Pattern of Overstated Headline Activity Being Revised Lower in Following Month
Monthly Production and Real Earnings Turn Down

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