Tuesday, November 24, 2020

Tag: While Inflation Clocks In At 2.8%?!

Income Rises at 1.8%, While Inflation Clocks In At 2.8%?!

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by Chris Marcus, Miles Franklin:

One of the primary reasons why I left Wall Street in 2012 was because I had started to notice the difference between what gets reported to the public, and what I actually saw going on in the markets.

Certainly as the years have passed, there is a growing awareness, especially by those in the precious metals community, that often the mainstream media does not always give the most accurate assessment of the environment.

The latest example being the comparison between the increase in household income and the increase in the price of goods that people actually buy.