Comments by "Joe Swanson" (@joeswanson733) on "Peter Schiff" channel.

  1. Originally, the CPI was determined by comparing the price of a fixed basket of goods and services spanning two different periods. In this case, the CPI was a cost of goods index (COGI). However, over time, the U.S. Congress embraced the view that the CPI should reflect changes in the cost to maintain a constant standard of living.1 Consequently, the CPI has evolved into a cost of living index (COLI). Over the years, the methodology used to calculate the CPI has undergone numerous revisions. According to the BLS, the changes removed biases that caused the CPI to overstate the inflation rate. The new methodology takes into account changes in the quality of goods and substitution. Substitution, the change in purchases by consumers in response to price changes, changes the relative weighting of the goods in the basket.2 The overall result tends to be a lower CPI. However, critics view the methodological changes and the switch from a COGI to a COLI as a purposeful manipulation that allows the U.S. government to report a lower CPI. https://www.investopedia.com/articles/07/consumerpriceindex.asp
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  2. yes... just like how you would never see any politician ever utter the phrase we shouldnt' have printed so much money
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  3. hmmm biden ask fed to do xyz and the fed is doign xyz than who's fault is it. blame fed for being influenced by the influencer or blame the influencer for influencing the victim?
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  4. we don't have pensions for the most part anymore. only government employees have pensions. everyone else has 401ks or IRAs.
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  5. i knwo right. 1994 we had 10,000 banks. as of 2023 we are down to 4000 banks. hmmm we lost 60 % of our banks in just 30 years... we're losing 200 banks a year going at this rate this means we're going to be down to only the big players in just 20 years by 2043 you will only have chase, wells fargo, bank of america, citi, etc and that's it.
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  6. you know something is wierd when high level economists or investors like peter schiff is being thought of less than by normal folks on youtube. bizarre. like how did peter schiff get so rich when he's beting outsmarted by vahan ghazarian.
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  7. well no one specifies that a lot of the factories in china aren't chinese owned. that's something not many people bring up. people assume the factories are chinese owned and we're buying from factories that make the stuff for us and they own the IP. or we subcontract out everything to them and all we do is hold the patents or designs.
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  8.  @YTSparty  this is what happens when the powers to be or the academics or media whatever never ever spell out the whole picture for us leaving us all fragmented and confused. fo course it's by design they never tell us whats truly going on. knowledge equals power and they sure can't have us know too much
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