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Title: Crash Course: Chapter 16 - Fuzzy Numbers (1 of 2) by Chris Martenson
Added: Dec 29, 2008
Author: ChrisMartensondotcom
Duration: 7:46
Description:
Chapter 16 (Fuzzy Numbers - Part 1 of 2): Dr. Martenson explores how inflation and GDP are measured, how their measurement has changed over years, and what that means concerning the integrity of these government statistics. Substitution, Weighting, Imputations, and Hedonics and their effects on calculating inflation and GDP are each examined. Dr. Martenson traces the social impact of these shady statistics, and finishes by showing how a dishonest determination of inflation further deforms an already flawed GDP calculation. http://www.chrismartenson.com
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Channel: News
Tags: finance financial crisis economy economic crash course collapse depression 1929 peak oil renewable energy stock market exponential money fiat currency gold silver inflation iraq war bailout bernanke chris martenson ron paul
finance financial crisis economy economic crash course collapse depression 1929 peak oil renewable energy stock market exponential money fiat currency gold silver inflation iraq war bailout bernanke chris martenson ron paul
Youtube Comments: 15
dellwon Says:
Feb 25, 2009 - Its so sad that no one reports on this stuff. we are all being lied to. I hope this isn't true, if so we are all simply being manipulated, kept ignorant and left in the dark on these things. When will we wake up as a people and demand truth? how long will we put up with this crap?
awakenedlightworker Says:
Mar 2, 2009 - Hi Chris,Great video. A bit sickening, but great nonetheless. Mike (FeverIAm) sent me. Keep spreading the word!!
ispeakthetruth2008 Says:
May 20, 2009 - This guy is a tool. He is NOT an investment professional, has NO experience or EXPERTISE in the financial markets, economics or anything related to investments. Noticehow he is reading from a script. hahahaha. This guy is a vulture preying on the desperation of investors, selling his "crash course" trash. Hey dude, STOP RIPPING PEOPLE OFF. YOU DID NOT PREDICT THIS MESS AND YOU HAVE NO EXPERTISE TO UNDERSTAND IT. You're a crook who obviously lost your job and now you're trying to take ppls money
TEHREALBOB Says:
Sep 4, 2009 - 11,337 Views :PCPI is already covered by natural market laws such as supply and demand. this is ridiculous.Substitution: The market already adjusts for this. If people do not buy something expensive, it will reduce in price. Supply and Demand.Geometric Weighting: THIS IS THE VERY DEFINITION OF SUPPLY AND DEMAND FFS.Hedonics: When something newer and better comes out, people stop buying the older product and it drops in price. Supply and Demand.This makes no sense whatsoever.
Ichtiostega Says:
Oct 15, 2009 - It's cleverly done by the Fed. First, they increase inflation as a hidden tax on the population. And then they publish bogus statistics to hide their thievery.
clubadv Says:
Jun 17, 2010 - More rediculous is that government spending ADDs to GDP. My thinking is that to take from the private sector (either current or future) in the form of taxes, has a zero net gain.
siprus Says:
Mar 26, 2011 - lol that hedonics thingie... of course we get better televisions every year as tecknology improves...
chocolatediet11 Says:
Apr 12, 2011 - How much fun is this making video's .. When you have time come visit my channel!
850Nexus Says:
Apr 12, 2011 - How much fun is this making video's .. When you have time come visit my channel!
stevo0029 Says:
Nov 9, 2011 - thanks
TWSceptic Says:
Jan 25, 2012 - Answer= most people are simply not capable. So this means things will get much worse before they get better.
pretorious700 Says:
Apr 7, 2012 - "substitution" is even moreso.
surgednb Says:
Feb 12, 2009 - ...hedonics is so ridiculous.