You Can’t Depend on Politically Crafted Government Data - Ep 983
Critiquing job reports. Questioning the Fed. Scrutinizing data. Inflation methods. Political motives. State preparedness.Download the CFO’s Guide to AI and Machine Learning at https://netsuite.com/goldLaughing Cats - GYB OFFICIAL MUSIC VIDEO: https://youtu.be/dSdTZ3judPs?feature=sharedSchiff critically examines the recent jobs report, labeling it as misleading and detailing the implications of government employment statistics. He questions the significance of the Federal Reserve's decisions on interest cuts, given what he considers unreliable government data. Schiff delves into the complexities of inflation reports, expressing skepticism on the methodologies for calculating inflation and unemployment. He also addresses the political motivations behind such statistics. Emphasizing Milton Friedman’s perspective, Schiff highlights government spending as the true measure of taxation and inflation. Additionally, he critiques the inefficiencies of FEMA and advocates for state-level emergency preparedness. Schiff touches on his wife's new music project and encourages support for her band, 'Laughing Cats.' The episode wraps up with Schiff’s comments on upcoming content and a holiday observance note.Sign up for Peter's most valuable insights at https://schiffsovereign.comFree Reports & Market Updates: https://www.europac.comSchiff Gold News: https://www.schiffgold.com/newsBook Store: https://schiffradio.com/booksFollow Peter Schiff on Twitter: https://twitter.com/peterschiffFollow Peter Schiff on Instagram: https://instagram.com/peterschiffFollow Peter Schiff on TikTok: https://tiktok.com/@peterschiffofficialFollow Peter Schiff on Facebook: https://facebook.com/peterschiffPrivacy & Opt-Out: https://redcircle.com/privacy