No, I'm simply saying that they subtracted 3.7% inflation from 7.9% GDP growth to get the 4.2% that was reported.No, I'm simply saying that they subtracted 3.7% inflation from 7.9% GDP growth to get the 4.2% that was reported.I thought that was pretty obvious and self-explanatory.
It's the same with investments. If I have a mutual fund that returned 7.9% last year, but inflation (cost of living) went up by 3.7%, then my REAL rate of return was only 4.2%. That's how much REAL growth in purchasing power I have.
I'm not sure why some (I think we know who) find that hard to comprehend.
So I was right, you ARE hallucinating.