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>They've even changed how the GDP is calculated to make it look bigger Only conspiracy theorists would think the purpose of changing the GDP calculation is to
by forgetsusername 11y ago
>They've even changed how the GDP is calculated to make it look bigger
Only conspiracy theorists would think the purpose of changing the GDP calculation is to "make it bigger". What effect does "making it bigger" have? If it's a contrived figure, the markets will take that into account. Then again, conspiracy theorists always assume they "know" better than everyone else.
- jazzyk 11y agoI am fine with the new method of calculating GDP, _if_ all the past GDP numbers are adjusted to make comparisons meaningful (the same way you adjust stock prices after splits). Oh, and careful with name-calling. I used to be like you and call some people "conspiracy theorists" - until Snowden.
- sukulaku 11y ago> What effect does "making it bigger" have? It makes the economy look better. In a nutshell, governments want people to think everything is alright, even when it's not. There's a massive bubble in US stocks, for example, and when (not if) that bursts, it may well take the rest of the economy with it, and then it'll be worse than 2008. As long as people can be manipulated into believing that the economy is recovering, having to face reality can be postponed. As for "conspiracy theorists", you've been trained to point and laugh at them, but you shouldn't. For example, how does a hijacked passenger plane crash into the fucking Pentagon without the most powerful military in the world stopping it? Not without the aforementioned military letting it happen, that's for sure. Feel free to start questioning everything you're told by the mainstream media any time now..