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"...the slowing GDP growth rate in America..." What are they talking about? https://fred.stlouisfed.org/series/GDP https://fred.stlouisfed.org/series/GDP
by ArtTimeInvestor 8mo ago
"...the slowing GDP growth rate in America..."
What are they talking about?
https://fred.stlouisfed.org/series/GDP https://fred.stlouisfed.org/series/GDP
- OKRainbowKid 8mo agoI don't see the contradiction?
- ArtTimeInvestor 8mo agoI don't see anything that looks like a "slowing" in mid 2018. Growth in Q1, Q2 and Q3 2018 was higher than anything that came before.
- addaon 8mo agoSlowing refers to a change in the derivative, in this context. Slowing growth would be a decrease in change in GDP per year — a decrease in growth. But the claim is that the growth (first derivative) is what’s slowing — that is, the second derivative of GDP w.r.t. time went negative, which does seem to be the case in mid 2018 from the linked chart.
- fogcity 8mo agoClick the "Edit Graph" button, and change the unit to "Change from Year Ago, Billions of Dollars" to see the evidence.
- alecco 8mo agohttps://pricedingold.com/us-gdp/ https://pricedingold.com/us-gdp/
- ArtTimeInvestor 8mo agoI don't see anything that looks like a "slowing" in mid 2018. Q1, Q2 and Q3 2018 are all higher than anything that came before.
- deleted 8mo ago[deleted]
- renewiltord 8mo agoHe said “slowing growth rate” not “shrinking economy”. Take 1900 to 2025 (or 2019 if you want to dodge covid) and EMA the (g’-g)/g and it will be visually apparent. Quite hard to see higher derivatives or rates in the g vs. t graph. You need to plot at least dg/dt vs t to see. But definitely need dg/g vs t to see. Haven’t looked at the true data (though it would be unsurprising) but your graph on its own hard to spot plus explanation makes no sense. 100,200,300,400,500 100%,50%,33%,25% Increasing g, decreasing dg/g