Do you believe there is real “true” growth in the U.S economy? Do you feel that the numbers quoted on T.V hold any real meaning / reflection of actual “economic growth”?
Do you “see” any real growth?
When I see a statistic quoted on T.V that is “a percentage point” different from the “expected number” or more than likely “half a percentage point” – I ask myself……..can these people actually be serious?
Can you find a single difference in your day-to-day life that hinges on what a “half a percentage point difference” in something as ridiculous as the “beige book” reflects? Have you ever heard of the “beige book”?
Does anyone even care?
“Prepared at the Federal Reserve Bank of Boston and based on information collected on or before January 6, 2014. This document summarizes comments received from business and other contacts outside the Federal Reserve and is not a commentary on the views of Federal Reserve officials.”
Hilarious….“prepared by the Federal Reserve”.
What do you think it’s gonna say about the economy and growth?
Bury head back in sand now please.