Gross Domestic Product / St. Louis Adjusted Monetary Base or Aggregate Monetary Velocity
Gross Domestic Product / St. Louis Adjusted Monetary Base or Aggregate Monetary Velocity
IIRC, GDP also includes government spending. A not insignificant portion of government spending comes from QE dollars, yes?
If so, I wonder how much of the 1.25% revised “growth” is from the funny money printing press and outside of tax revenue and borrowed funds.