P.C. Roberts – ‘The economy is being rigged.’

They make unemployment look low by not counting the unemployed.  They keep inflation figures low by not counting inflation.  Spending by the public is declining as they have little or no discretionary funds left.  Many are just paying interest on their debts.  Paul Craig Roberts says the whole system is rigged.

The Fed is trading stocks, bonds, currencies and so on, and can rig all markets.  He suspects that that is what they are doing.  When everything is being rigged, there is no room for normal economic forces to operate.  There is no public debate about what is happening.