{"id":168,"date":"2014-10-18T18:09:06","date_gmt":"2014-10-18T18:09:06","guid":{"rendered":"http:\/\/olduvai.ca\/?p=168"},"modified":"2014-10-18T18:09:06","modified_gmt":"2014-10-18T18:09:06","slug":"fuzzy-numbers-crash-course-chapter-18-peak-prosperity","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=168","title":{"rendered":"Fuzzy Numbers – Crash Course Chapter 18 | Peak Prosperity"},"content":{"rendered":"

Fuzzy Numbers – Crash Course Chapter 18 | Peak Prosperity<\/a>.<\/p>\n

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Shutterstock<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

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Fuzzy Numbers – Crash Course Chapter 18<\/h1>\n
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How we’re deluding ourselves with bad data<\/div>\n<\/div>\n<\/div>\n<\/div>\n
by Adam Taggart<\/div>\n
Friday, October 17, 2014, 9:58 PM<\/div>\n<\/div>\n<\/div>\n
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Chapter 18 of the Crash Course is now publicly available and ready for watching below.<\/p>\n

What if it turned out that our individual, corporate and government decision-making\u00a0was\u00a0based on misleading, if not provably false, data?<\/p>\n

As we detail in this latest chapter of the\u00a0Crash Course series<\/a>, that’s exactly the case today with the key indicators (inflation, GDP, employment, deficits, etc) our central planners are using to guide the future of the global economy.<\/p>\n

The cumulative effect of all this statistical sleight of hand serves only to make things seem rosier than they actually are. If this is not lying to ourselves, then \u201cdeluding ourselves\u201d is the next best term.<\/p>\n

Keep this self-deception in mind when you next read about how \u201cour robust economy is still expanding\u201d.<\/p>\n

We are now in the midst of a worldwide debt orgy, dangerous asset bubbles, the beginning waves of boomer retirements\u00a0 – and solid, credible information is what we need as a beacon to find our way out.<\/p>\n

…click on the link above for the rest of the article…<\/p>\n<\/div>\n

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Fuzzy Numbers – Crash Course Chapter 18 | Peak Prosperity. Shutterstock Fuzzy Numbers – Crash Course Chapter 18 How we’re deluding ourselves with bad data by Adam Taggart Friday, October 17, 2014, 9:58 PM Chapter 18 of the Crash Course is now publicly available and ready for watching below. What if it turned out that […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[37,174,195,201,246,353,379,426],"class_list":["post-168","post","type-post","status-publish","format-standard","hentry","category-economics","tag-asset-bubbles","tag-crash-course","tag-debt","tag-deficit","tag-economy","tag-gdp","tag-government","tag-inflation"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/168","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=168"}],"version-history":[{"count":0,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/168\/revisions"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}