4 ms·
What stats support that? Doesn't look like it's in decline here: https://fred.stlouisfed.org/series/GDPC1 https://fred.stlouisfed.org/series/GDPC1 Or here: ht
by Gustomaximus 5y ago
What stats support that?
Doesn't look like it's in decline here: https://fred.stlouisfed.org/series/GDPC1 https://fred.stlouisfed.org/series/GDPC1
Or here: https://tradingeconomics.com/united-states/gdp-constant-prices https://tradingeconomics.com/united-states/gdp-constant-pric...
- ivalm 5y agoThis isn’t adjusted by the 1980s measure of inflation, that measure is no longer used and is very flawed.
- gruez 5y agoPlease re-read my comment. I'm not saying that GDP has actually been declining, I'm just saying that if we take nominal GDP and deflate using shadowstats' figures, the US economy would have been contracting. That's an absurd statement, which probably means the shadowstats' inflation figures are off.
- Gustomaximus 5y agoAh I see what your saying. I wasn't aware of shadowstats. Thanks for the clarification. For others: http://www.shadowstats.com/alternate_data/inflation-charts http://www.shadowstats.com/alternate_data/inflation-charts
- astrange 5y agoShadowstats is a nonsense website you don't need to link to.
- Gustomaximus 5y agoIs there something better that provides this type of alternate calculated information?