Peter Schiff spoke with Yahoo! Finance about the latest recalculation of United States GDP.
“In the case of GDP, they want the numbers to look bigger. In the case of inflation or unemployment, they want the numbers to look smaller. What’s amazing is that the public, the financial media [and] academia, they just gobble this stuff up. There’s not a word of protest. Where are the economists who are calling out the government for the fraud in what they’re doing in trying to change GDP?”
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