yogthos, 1 year ago

A lot of the mainstream economists in the west focus on the stock market, even of you don’t personally.

Meanwhile, GDP and inflation are not great measures either. GDP in particular is very problematic because it doesn’t measure productive labor. For example, health insurance industry is a large chunk of the GDP in US. It employs a lot of people while producing nothing for value for society

And the problem with inflation is with how it gets measured. For example, food and housing prices are growing far faster than the official inflation numbers.