• Poggervania@kbin.social
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    9 months ago

    GDP just says how well a country is doing and is a good summarization for how imports and exports are doing. However, it also takes into account military spending and real estate, so you could argue the GDP can be inflated via those two measures (to a degree) to look better.

    Consumer Price Index does a better job of showing how well the economy is doing for its citizenry.