But isn't GDP a representation of produced goods and services.
What goods or services are a million niggers going to produce worth 450 billion. Is this next to nothing service being valued at that much money?
This is the deception.
What's the GDP of a country that sits home all year in quarantine but then creates money to pay those people for doing nothing so they pump up asset prices thereby "creating wealth"?
You have a point there buddy
The money doesn't just vanish. She'll go on to buy a bunch of shit that does show up as influencing the GDP. This is more or less how post-industrial socities work nowadays. The Military Industrial Complex is a huge example of this.
(post is archived)