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Replying to Avatar Roberto Rios (Peruvian Bull)

Think about it logically.

GDP is initially recorded as a nominal figure. That figure is also artificially inflated by government spending.

They discount that figure (let’s say 5% nominal growth) by the CPI of 3% which we know is also manipulated downwards .

That gives them real GDP growth of 2%. However, if it just happens that the real inflation is 5% then that means GDP growth is effectively zero

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Toxic Bitcoiner 11mo ago

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