FedUpUSA

Bill Still Report: Fake GDP Report

Numbers Lie

That’s putting it nicely.  As we already pointed out yesterday, the headline of the GDP expansion/increase of 2.8% is actually a DECREASE in GDP of $58.4 BILLION!

The Federal Reserve’s Quantitative Easing, a/k/a/ buying back our own debt with yet more borrowed money, is NOT ‘production’ and should never be included in the GDP data.

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