if fiscal spending is a net additive component of GDP, and fiscal deficits rise, but the deficits are funded by the Fed, does that mean that the economy actually grew?

in other words, if tomorrow the government went out and borrowed $60T (double US GDP) which was printed by the Fed and then spent it on every imaginable government program they could conceive of, would that mean that the real economy actually tripled in size overnight? (from $30T to $90T)

do you hear how ridiculous the argument for GDP sounds once you start to stretch it?

common sense died in economics decades ago