peruvian_bull on Nostr: Think about it logically. GDP is initially recorded as a nominal figure. That figure ...
Think about it logically.
GDP is initially recorded as a nominal figure. That figure is also artificially inflated by government spending.
They discount that figure (let’s say 5% nominal growth) by the CPI of 3% which we know is also manipulated downwards .
That gives them real GDP growth of 2%. However, if it just happens that the real inflation is 5% then that means GDP growth is effectively zero
Published at
2025-01-27 23:15:13Event JSON
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"content": "Think about it logically. \n\nGDP is initially recorded as a nominal figure. That figure is also artificially inflated by government spending.\n \nThey discount that figure (let’s say 5% nominal growth) by the CPI of 3% which we know is also manipulated downwards . \n\nThat gives them real GDP growth of 2%. However, if it just happens that the real inflation is 5% then that means GDP growth is effectively zero https://image.nostr.build/d56c99f281baec19f38f4c5e0b07e581112ac580220baa4cbc61e32e75d35855.jpg ",
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