Did you know that people's perceptions can influence the economy? For example, if most people are expecting inflation, then even if there is no actual structural changes in the economy that causes inflation, there would stikll be some inflation due to people raising prices and people paying those prices because they all expected inflation. This causes inflation, just from the "expectation" that there would be inflation. In other words, their perception/belief that prices would rise ironically caused prices to rise.Whenever people expect a downturn in the economy, they start taking actions to protect themselves such as saving more, not hiring more people, cutting costs, etc. And these actions usually hurt economic growth because a large portion of economic growth comes from individual and business spending.So, why is the government telling Americans that the economy is on fire and Americans are thriving and rich even though for most people it feels like a great depression? Because they are performing an experiment on us to see what are the economic effects are whenever most people are tricked into thinking that the economy is fine and to not take protective action.
Fuck off 'behavioral economics'. The economic troubles today are the fault of creating money through usury, which a jewish enterprise from start to finish.
Even economists concede that economists are largely witch doctors
>>546252855>nigger imageYes, niggers are unemployed.
>>546252855Always expect the real figures to be 2-3 times the official figure.
>>546252855This is why Europe is importing the dumbest browns possible: stimulate ((infinite growth)) with welfare paid by worker whites' taxes.They'll use 100% of the welfare on nails, trinkets and shoes every single month and the countries will seemingly "prosper".
>>546252855One posting nigger kikePeople don't believe job reports, yet they have no way to counter them besides anecdotes.
>>546252855This is all based on Soros theory of reflexivity in markets which is largely sound
>>546256047Just read the report a month or so later when the revision comes in to see if it gets revised downThe revision is the real numberAs far as BLS unemployment rate they stop counting You if you have been unemployed for 4 weeks that number is bs
>>546252855tavistock institute of human relations?
>>546252855Noway unemployment is 4%, literally everyone aris jobless now, and all men btw. Probably 50% men are jobless
