US GDP – Kommentar von Bill King
The GDP Price Index inexplicably tanked to 1.1% in Q2; 2.4% was
expected.
Nominal GDP declined to 3% from Q1’s 3.5%. Government beancounters
boosted ‘real’ GDP by 1.5 percentage points by collapsing the GDP Price
Index to 1.1% from Q1’s 2.6%. Q2 might be the inflation peak, with food and energy prices soaring; yet
the US government wants people to believe that the GDP Price Index
tanked to 1.1% from 2.6%!!!!!



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