Do the government’s inflation and unemployment figures really give an accurate picture of the economy? Economist John Williams defines inflation and unemployment statistics and explains what these figures reveal about living standards. How do inflation and unemployment statistics affect investors, especially if those investing in TIPS (Treasury Inflation Protected Securities)? Follow John Williams at www.shadowstats.com and on Twitter @shadowstats. Also, in this financial podcast, find out how to manage your money when you live outside the United States. How should you plan your retirement, and what should you do with your IRAs?