Monday, January 27, 2025

What happens if government stops keeping reliable economic statistics?

Potential cuts in government agencies that collect statistics on the economy could bring interesting results. What would Wall Street due without a reliable measure of inflation?

So much of the news and business decisions rely on accurate measures of things like unemployment levels, inflation and so forth.

Without these numbers, maybe more economic chaos? Would it be a blessing in disguise to be less mindful of money. Would people sing, "don't worry, be happy?"

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