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11

About that "GDP Growth"

submitted by x0x7 to EconomicCollapse 3 monthsJan 26, 2024 12:18:49 ago (+11/-0)     (img.gvid.tv)

https://img.gvid.tv/img/3v2tDRCk.webp

Negative value for you and me. GDP is meant to be a rather sloppy but easy to measure placeholder for the value produced in a market. Stealing resources out of the market to further restrict you and me and feed parasites produces exactly zero value.


7 comments block

To be fair, because of the last stand off in increasing the debt limit, many previous expenditures were delayed from hitting the books. The timeline of the metrics being compared isn't the same, despite them happening "in the same quarter".