It’s remarkable how dumb this idea is and yet how many people believe it.
nostr:nevent1qqsgtwacerc9qmnwezvj2w3c93gyh5m2zv3z8kjjvr2q77spk6ue94gpp4mhxue69uhkummn9ekx7mq3760sw
⚡️🇺🇸 NEW - Lutnick: The US economy grew 4.3%. What that means is that Americans overall—all of us—are going to earn 4.3% more money.
https://blossom.primal.net/d9435de396c985fc7c207d87879a300a987cb518e6ab8068a3e846ec8ff3028c.mp4
Discussion
and Lutnik is not stupid, he knows exactly what he is doing
Main Street will be doing amazing next year. They won't be, but we'll be telling them they are.
Isn't this basically why the Left lost in 2024? Because they told people they couldn't trust what they were experiencing in the economy?
It feels like they are trying to confuse people into believing that economic growth offsets inflation. With the increase in public awareness that inflation is theft, this is probably a narrative they want to manufacture. Eventually they will be saying some dumb shit like, “with economic growth at 4.3% inflation has been offset to 0% this year!”
Math ain’t Mathin’
It's amazing how there are so many billionaires who are apparently bad at math.
Yes, something doesn't match
Lies get votes
Lol. Everything measured in fiat.
It is remarkable how ignorant the entire world population is with respect to fiat and central banking.
America - home of the brain-free 🤪
(disclaimer: this is also valid for other people/nations)
More over its 4.3% increase in fiat money.
GDP growth includes super micro computer selling contracts to intel that get bought by Nvdia and resold to the next stooge. Not wealthier Americans. Sorry my guy.
GDP growth also includes money printing. Which makes it doubly stupid.
If there was ever a perfect example of GDP being utterly bullshit… it’s that in 2020, with the entire economy shut down, with 40% of small business in the US decimated and never reopening their doors, the largest single economic distinction event in at least the past half century… “GDP “WeNt Up.”
says the neighbor of the owner of the wtc who stayed away on 911, the first day ever