So to you believing what govts tell you is a fact? But my use of deductive reasoning from past events is feelings. Interesting.
Discussion
Be for real though Mike, if the fed ran an Ai simulation that showed complete destruction of the bond market unless they changed numbers A, B and C on a screen. You think they wouldn’t do that?? 😂😂😂.
Well, aside from this question being a straw man, I would say that my default assumption is not that everything the government tells me is a lie, like some people in these conversations. As it pertains to econometric data that government agencies like the BLS put out … do I think that this data is all fake and made-up? No. No I don’t.
The reality is, if the data was really as badly manipulated as you intimate, quants at hedge funds and other private researchers would have figured that out a long time ago, and probably made a big stink about it.
The level of trust required for me to frame my worldview in that fashion is something I simply don’t posses. I’ve watched friends die after being targeted by big pharma as good candidates to get hooked on opioids. I’ve seen families crushed from believing that the currency they were working for would uphold its value. I have no love left for this system and rage clouds my vision. Maybe you’re correct. I simply don’t care.