
Ep. 246 Tim Pool on Labor Migration and Are We in a Recession?
Bob Murphy Show
00:00
The Inventory Adjustment
The stock pile of sweaters went up by a hundred billion dollars worth, then it must be thea that new production filled that void. So inventories contributed to the fourth quarter real g d p growth, whereas they subtracted from second quarter real gd p growth. But like i say, it does lead you because really, the press releases in what ever, refer to second derivatives. And then when you translate that into plain english, oftentimes you end up saying things like, campbell, harvey did always draw down an inventory When, no, the level of inventory did not decline. The rate of increase declined.
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