To: Signalman
When you have unreported inflation and massive debt spending (counted as GDP), the numbers are meaningless anyway.
I'm sure that the German stock market and GDP were going through the roof (measured in deutchmarks) during the hyperinflation of the Wiemar Republic.
3 posted on
05/12/2012 12:28:49 PM PDT by
SampleMan
(Feral Humans are the refuse of socialism.)
To: SampleMan
Quite true. If the CPI is being estimated too low and prices are rising (remember CPI core leaves out fuel), then inflation means the real GDP is even lower than estimated. This means even with a rising nominal GDP, real GDP can be decreasing.
4 posted on
05/12/2012 12:34:12 PM PDT by
Idaho_Cowboy
(Ride for the Brand. Joshua 24:15)
To: SampleMan
I'm sure that the German stock market and GDP were going through the roof (measured in deutchmarks) during the hyperinflation of the Wiemar Republic.A point well taken! (Even if the Deutschmark wasn't introduced until after WW II; prior to that, during the Weimar Republic, it was called the "Reichsmark" or "Rentenmark.")
Regards,
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