If everyone in society became 100% self sufficient, GDP would be zero.

#brokenMetrics #bitcoin #finance #nostr #zap #meme #memestr

Reply to this note

Please Login to reply.

Discussion

You'd also never see modern electronics ever again since the total manufacturing process is ridiculously complex, and the raw materials are spread across the world. Shit, most couldn't even sustain a colonial America standard of living just because of the metal. It'd be an absurdly huge undertaking just to mine and smelt the metal to make the tools and the nails required to build a period appropriate home.

Correct.

There's a difference between:

using a hypothetical to illustrate the flaws in blindly following a metric, and

actually suggesting we follow that hypothetical.