The most popular measure of economic growth is GDP. However, GDP movement is driven by changes in the money supply, not real economic factors.
Original Article: “Does GDP Present an Accurate Picture of the Economy? Not Likely”
The most popular measure of economic growth is GDP. However, GDP movement is driven by changes in the money supply, not real economic factors.
Original Article: “Does GDP Present an Accurate Picture of the Economy? Not Likely”
The Fed’s specialty is propaganda through data,
