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Why? Both are value per time. GDP can be computed per year, quarter, etc. I agree it doesn't make sense if not computed over the same time period (in which cas
by MayeulC 4y ago
Why? Both are value per time. GDP can be computed per year, quarter, etc.
I agree it doesn't make sense if not computed over the same time period (in which case, the period should be indicated for both)
- lupire 4y agoAsset price inflation isn't the same as trade. Most of that $4T never came close to being anything but an estimate for the value of something that never traded.
- waldrews 4y agoInteresting, is your argument that we're comparing 1a vs 2, in which case the units are compatible, as opposed to the typical wrong/misleading comparison of 1b vs 2? 1a. $4 trillion/year as rate of loss, a flow 1b. $4 trillion total change in asset value, regardless of time period involved 2. $4 trillion/year total annual GDP of some countries