Wolf Richter www.testosteronepit.com
There still are some economic numbers that aren’t seasonally adjusted or otherwise manipulated with fancy statistical footwork by governmental, quasi-governmental, or non-governmental number mongers. And they give us the true picture of the worldwide economy: beer, wine, mood, and San Francisco real estate –with more predictive power than is allowed by law.
My favorite long-term inflation index is bridges. For example, the San Francisco
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