Wednesday, October 31, 2007

Number / Farce Of The Day..... GDP Price Index / GDP Deflator

I think this time they have gone too far .... Reminds me somehow of "Fool´s Day".....

Ich denke diesemal sind Sie wirklich zu weit gegangen.... Das ganze erinnert mich irgendwie an den 1. April.......

U.S. economy grows at 3.9% pace in third quarter
Despite rising worries about commodity prices, the GDP price index, the broadest measure of price changes in the economy, rose just 0.8% annualized, matching a nine-year low. Inflation hasn't been lower since John F. Kennedy's administration."

Here is the nice rant (including a chart) from Barry Ritholtz on this topic I Call "Shenanigans" on GDP! & Hellasious from Sudden Debt is also "upset" in Hooray, Inflation Lowest Since 1963!! . Barry Ritholtz has also found this headline Inflation was low because oil prices surged. In GDP math, sometimes one plus one equals zero explaining how the "math" is working....

Und hier die ebenfalls deftige Meinung inklusive Chart von Barry Ritholtz zu diesem Thema I Call "Shenanigans" on GDP!. Hellasious von Sudden Debt feiert ebenfalls in Hooray, Inflation Lowest Since 1963!! kräftig mit. Diese Schlagzeile Inflation was low because oil prices surged. In GDP math, sometimes one plus one equals zero spricht für sich......

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