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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: AK2004 who wrote (13807)	5/13/2004 1:28:05 PM
From: yard_man	Read Replies (2) \| Respond to of 110194

GDP doesn't make much sense at all, actually ... May I respectfully suggest you read and carefully think about the following (in its entirety): mises.org Take your time before running it down -- take your time to think about it. an excerpt: Another problem inherent in the GDP numbers is that, in order to add apples to pears, each of the myriad of different goods and services exchanged in the economy must be reduced to a common denominator. Money is the only obvious candidate for this task, but money depreciates at a fluctuating rate (the rara avis of its appreciation being elusive indeed these days). This gives rise to the calculation of reams of "implicit price deflators" to allow for these changes.