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2025-01-27 23:15:13 UTC
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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