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To: 2banana

Not so. GDP figures are based on the inflation adjusted net value of economic activity, not on the money supply.


7 posted on 07/17/2022 3:23:00 PM PDT by Rockingham
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To: Rockingham

Not so. GDP figures are based on the inflation adjusted net value of economic activity, not on the money supply.

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To be fair, there’s Nominal and Real GDP. But you can beef up GDP by defining what you will count as economic activity and what you will not.


32 posted on 07/17/2022 4:13:23 PM PDT by Bishop_Malachi (Liberal Socialism - A philosophy which advocates spreading a low standard of living equally.)
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