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/biz/ - Business & Finance


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53944086 No.53944086 [Reply] [Original]

If GDP grows by 2% but inflation is 12% isnt that technically a negative 10% recession?

>> No.53944106

>>53944086
no
>*farts straight into your frog faggot mouth*

>> No.53944144

>>53944086
wrong. 2% is the real growth. gdp+inflation is the nominal growth, which is 14%.

>> No.53944167
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53944167

>>53944144
Don’t forget that’s quarterly, so multiply by 4 and you got 56% (the real GDP).

>> No.53944187

>>53944086
shut the fuck up. just shut your fucking face and stop it