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Economy

LetsGetSmartAboutIt

(41 posts)

2. Interesting question

Reply to snot (Original post)

Mon Jul 8, 2024, 12:05 PM

Jul 2024

GPD is kind of an assumed metric, but you are right if it doesn't include the expense side of the equation it isn't very telling.

Maybe it does ?
Maybe it's used as a metric with historic ratios on the expense side ?

I am interested in a good answer to this as well !

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snot

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Highlight:

Why do we care about GDP? Isn't Net Domestic Product what's important? [View all] snot Jul 2024 OP

All I can do is quote RFK on this... Moostache Jul 2024 #1

Interesting question LetsGetSmartAboutIt Jul 2024 #2

We have the privilege of controlling the fiat currency of the global system. Voltaire2 Jul 2024 #3

GDP is probably a lot easier to measure, and the accuracy of the result can be better relied on. nt eppur_se_muova Jul 2024 #4