SOB #471 How and Why Governments Lie About Inflation

Speaking of Bitcoin (formerly Let's Talk Bitcoin!)

This time on Speaking of Bitcoin, the hosts are joined by John Williams, rogue economist and long-time Editor of ShadowStats.com, a data source that tracks everything from inflation to GDP, money supply to unemployment using the original government defined methodologies. Over time, the government has changed how they measure all of these things and Johns work reveals that these changes all result in better looking statistics from the same, often terrifying numbers.

In this wide ranging conversation we talk about how and why this happened, plus what we can do about it. If this is a new topic to you, expect to come away with a different perspective in this epic episode.

Today's show featured John Williams (shadowstats.com), Stephanie Murphy, Jonathan Mohan and Adam B. Levine. This episode was edited by Jonas, with music by Jared Rubens and Gurty Beats.

Our album art is a composite work by Adam B. Levine using the current inflation chart from ShadowStats.com along with an excellent imposter-dog image from Brayden Anderson on Unsplash.

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