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Stagflation Is Back But GDP Underestimates Economic Weakness.
#GDP #inflation #recession #economy #deficits #government #spending #debt #markets #stimulus
Today we will look at the formula for GDP and show the viewers that economic growth in the private sector is even worse than the official data shows.
Our conclusion is that even though Keynes might have had good intentions with his idea of deficit spending the long-term results have been devastating for the private sector.
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