RE: RE: Random Spiel, Screw the GDP
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RE: Random Spiel, Screw the GDP

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2y

Nominal GDP is nonsense by itself anyway. This is especially true for "larger economies" like the US that print money since "government spending" is part of that equation.

Pass a retarded $2T bill? GDP!

The average person (I don't claim to understand them all) cannot understand or be bothered to look at all the possible indicators and craft a picture. In the end, you have internet fights where people spew numbers without context.