How Long Can Retail Sales Hold Up?

https://www.theepochtimes.com/opinion/how-long-can-retail-sales-hold-up-5671354

For reasons I cannot fathom, the Federal Reserve Bank of St. Louis reports retail sales without any inflation adjustment. This means that if you buy a hamburger for $5 this week and the same hamburger next week for $10, retail sales would show growth of 100 percent even though you purchased the same product.

The lesson: Trust your own eyes, not the data reports.

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