In a deflationary environment, where your money worth more over time in terms of goods you can buy. It is normal that people tend to spend on less unuseful things. And spend less in general.

Inflation is not the solution to spend more. Better products and services are the solution to spend more.

If money is spent on useful good things, then the amount of spent money could be proportional to the wellness of an economy.

But if the value of a money decreases, and that is the reason for spending, then there is small or no correlation at all to the wellness of an economy, because people are not spending on things that makes their life better.

So in an inflationary environment, GDP makes little to no sense to measure.

GM! ☕️

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