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Why is this being downvoted? It's factual. You can't compare manufacturing growth in US Dollars over the past 10 years without adjusting for the decline in valu
by willmadden 3y ago
Why is this being downvoted? It's factual. You can't compare manufacturing growth in US Dollars over the past 10 years without adjusting for the decline in value of the underlying currency you are using to measure the growth; doing this will show "growth" when you are really just showing inflation in the currency as "growth" while concealing a decline in manufacturing in terms of real output by treating the unit of account as an absolute instead of relative measurement system. It's deceptive.