Tuesday, November 25, 2014

The U.S. Has Seen the Strongest Six-Month Expansion in GDP in More Than a Decade BUT...

The problem is it is a Fed manipulated high.

U.S. gross domestic product expanded at an average 4.25% pace over the second and third quarters this year, the best two consecutive quarters since 2003′s third and fourth quarters came in at 5.85%.

Like all these Fed created boom's it will not end well. To understand why, see:

The Fed Flunks by Robert Wenzel


1 comment:

  1. Does the GDP even matter anymore? The government manipulates it to say what ever they want it to say. In fact, it's ridiculous to compare GDP by years because they chance the calculations so often. The GDP of 1990 is nothing like that of 2000 or 2010.