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Please look at real income. It's clearly negative. They are operating with nominal made-up numbers. It's fresh money issued via the bond market. We are getting poorer
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Please look at real income. It's clearly negative. They are operating with nominal made-up numbers. It's fresh money issued via the bond market. We are getting poorer
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If I have a pond with 10 fishes, and 2 fishes die, the ecosystem is worse than it was before. If I buy 2 new ones the ecosystem did not heal itself. I still have 10 fishes. The numbers are true. The underlying ecosystem might be unsustainable or even artificial but the numbers are not. I can criticize the ecosystem, but I can't deny the factual numbers.
Facts are facts. Criticize the cause, not the consequence.