Greg Kelly
speaker
89 appearances
2 recordings
1 series
first heard Jul 2025
last heard Aug 2025
Greg Kelly’s voice in public audio — every appearance, attributed to the second.
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Appearances
I mean, look, there are historical parallels, not many of them in the U.S., but around the world.
And none of those are examples that you would want to emulate.
Right.
You mentioned Argentina, where we ended up, where they fired the people responsible for producing inflation data when the inflation was looking bad.
That sounds pretty familiar right now.
That didn't stop inflation, right?
If anything, it allowed inflation to spiral further out of control without the evidence to set policy.
And it really undermined the country's credibility internationally, drove up its borrowing costs, added to a debt crisis.
The Greek example, I think, is really striking because they didn't just –
fire the head of their statistical agency.
They criminally prosecuted him for years.
And this is somebody who insisted on reporting accurate data on the country's deficits to its citizens and to its lenders worldwide.
And they prosecuted him.
And I spoke to him over the weekend.
And he made the point that, you know, we talk about how data is important for decision making, for the Fed, for policy.
But really, it's important to democracy, right?
Lost or Kamala Harris lost the last election.
And if we don't have accurate data, then we don't have the ability to hold our leaders responsible for Congress, for the courts, but for the citizens.
And if there are big changes and big revisions, we expect more big revisions for the jobs data in September, for example, that we want to know why we want people to explain it to us.
Yeah, there is very hard evidence that we're looking at the biggest revision since 1968.
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