Comments on: Don’t Be Fooled by GDP http://www.economicthought.net/2009/11/don%e2%80%99t-be-fooled-by-gdp/ Thoughts on liberty Tue, 09 Mar 2010 22:45:19 -0800 http://wordpress.org/?v=2.9.2 hourly 1 By: CharlesF http://www.economicthought.net/2009/11/don%e2%80%99t-be-fooled-by-gdp/comment-page-1/#comment-152 CharlesF Thu, 26 Nov 2009 06:06:16 +0000 http://www.economicthought.net/?p=449#comment-152 Future GDP data will probably depend heavily on how much the banks lend. Obviously, the more lending that takes place, the higher the rate of inflation and the wider the new capital-good bubble. Future GDP data will probably depend heavily on how much the banks lend. Obviously, the more lending that takes place, the higher the rate of inflation and the wider the new capital-good bubble.

]]> By: Liberty http://www.economicthought.net/2009/11/don%e2%80%99t-be-fooled-by-gdp/comment-page-1/#comment-151 Liberty Wed, 25 Nov 2009 18:21:54 +0000 http://www.economicthought.net/?p=449#comment-151 Industrial production, furthermore, went down by 7.1% in October. This was worse than September, where industrial production fell by 5.9%. Admittedly, this was an improvement over the previous months, but right now it seems that November will be worse than October. The government can spend all the money it wants, but unless production increases any recovery is illusionist. Data is from: http://www.tradingeconomics.com/Economics/Industrial-Production.aspx?Symbol=USD Industrial production, furthermore, went down by 7.1% in October. This was worse than September, where industrial production fell by 5.9%. Admittedly, this was an improvement over the previous months, but right now it seems that November will be worse than October. The government can spend all the money it wants, but unless production increases any recovery is illusionist.

Data is from: http://www.tradingeconomics.com/Economics/Industrial-Production.aspx?Symbol=USD

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