3 ms·
> (1) GDP measures production. If debtors are incentived to produce more, GDP rises. Production is dependent on demand of consumables in the U.S. 2 & 3 are th
by tokentoken 10y ago
> (1) GDP measures production. If debtors are incentived to produce more, GDP rises.
Production is dependent on demand of consumables in the U.S.
2 & 3 are the similar (the same?) point. The poorer one is, or the earlier in life they are (students) the greater % of their income is spent on consumables. I don't think money sloshing around financial services has as direct an impact on the things that most impact production.