Black Friday Mirage Hides U.S. Retail DepressionNovember 26, 2012
Every year it’s the same “song and dance” from the U.S. propaganda machine. Right after the “Black Friday” post-Thanksgiving shopping-orgy in the U.S.; the numbers will be twisted to supposedly show that the U.S. retail sector is strong-and-healthy.That’s immediately followed by a rousing chorus of “happy days are here again.”
Then, once the dust settles after the holiday shopping season (and few of the Sheep are paying attention), it will quietly announce another disastrous year for U.S. retailers. What is so pathetic about this sham is that not only does this song-and-dance never change, but it’s all based upon the same transparent lie.
That lie concerns inflation. All “inflation” is produced by the money-printing of bankers. Indeed the term itself originated as short-hand for “inflating the money supply”; which is precisely what all money-printing does. However, that topic has been covered previously for interested readers.
Where inflation closely relates to retail sales is that any/all retail sales statistics are only relevant if inflation is totally stripped-out of any calculation. Reporting that consumers paid higher prices for goods tells us absolutely nothing about the health of U.S. retailers – which is the raison d’etre for this statistic.
Instead, the propaganda machine does precisely the opposite. Not only does it refuse to subtract inflation out of its “retail sales” calculation; but it refuses to even acknowledge its perversion of this statistic when it reports its data.