Chairman Powell of the Federal Reserve this week said something amazing. He said that the official unemployment rate, of 6.3%, wasn't real. And thus the official number was nothing but propaganda.
Now it's not a big surprise that the official unemployment rate is dramatically understated. But what is surprising is that they actually admitted it.

Reviewing the change in the labor market over the last year, Powell noted that there are problems with the way unemployment is measured. “After rising to 14.8 percent in April of last year, the published unemployment rate has fallen relatively swiftly, reaching 6.3 percent in January,” he said. “But published unemployment rates during COVID have dramatically understated the deterioration in the labor market. Most importantly, the pandemic has led to the largest 12-month decline in labor force participation since at least 1948.”

Additionally, errors seem to be distorting the picture. “[T]the Bureau of Labor Statistics reports that many unemployed individuals have been misclassified as employed. Correcting this misclassification and counting those who have left the labor force since last February as unemployed would boost the unemployment rate to close to 10 percent in January,” Powell said.

10% is nearly double the official unemployment rate that's not a statistical problem. That's a structural, fundamental problem with measuring. It makes one wonder what other numbers are useless, and only meant to misinform.
The most obvious example would be the inflation rate. People have been doubting the official inflation rate for decades, but it's low level has been used to justify the Federal Reserve pumping an enormous amounts of money into the financial markets. When I say enormous, I mean mountain of money.

M1 money supply growth just keeps surging. It has now hit roughly 75% year-over-year, more than triple the previous all-time high from 2011.

let's take a moment to appreciate the fact that we are nearly doubling the amount of cash in the economy while at the same time the economy is shrinking by 3.5%
that constitutes a failed policy.

If the Treasury printed $10 trillion and nobody used it, it wouldn’t cause inflation.

However, there is an important caveat. We cannot directly measure money velocity. People may imagine that the Fed is tracking how many times a dollar gets spent in a year, but they are not. The current velocity figures are inferred by dividing GDP by the money supply.
The result is a very imperfect measure of velocity, especially when one recalls that imports are subtracted from GDP and government transfer payments are not counted.

so both inflation and money velocity are calculated in highly questionable ways.
However there is one way of measuring all the Fed's money printing in a accurate way - by looking at the valuation of the stock market compared to the GDP.
The stock market is now worth twice the economy of the country. Mission accomplished