So the purpose of government data released as economic indicators is to manipulate and drive investors’ behavior rather than provide any reliable information. Do I have this right?

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That is correct, yes

Hit the nail on the head.

Misinform

Yes - Fudge the Data for Derivative n Market Manipulation - so called price discovery is just a ethical slogan - (same like free to vote when they already decided who the winner will be picked)

Sounds about right.