Remix.run Logo
chis 6 hours ago

GDP growth and inflation are different things. If inflation-adjusted GDP goes up, that means the average person is able to buy more things they want. Compare living in the US vs India today for the median citizen

figassis 3 hours ago | parent [-]

Yes they are, inflation-adjusted GDP is efficency. My point exactly, bc I don't think when people say the economy is growing they are ajusting for inflation at all.