I was 'immune', too, until they changed the measurements!
GDP is measured in pieces of paper created by whimsy.
In fact, if you look at the GDP equation, you will see G as a prominent contributor. Govt Spending. That’s 6.4Trillion this year. About 25% of GDP and since the Fed balance sheet is about 9T, that much came from thin air.
Russia has a Central Bank, but they have never really had to lean into QE — because, of course, they run such a trade surplus.
Conclusion, markets are manipulated by running annual enormous deficits of money created from nothingness. It’s not how to measure wealth.
Joules are immune to manipulation. It is a pure measurement.
I was 'immune', too, until they changed the measurements!