Oct 16, 2020
Welcome to Finance and Fury, the Furious Friday edition. In today’s episode I want to explore the effect of monetary inflation (in other words the increase in the money supply) on GDP growth
And if this is the case - GDP is really not a good macroeconomic tool to use to make policy decisions – as it gives no real indication as to the underlying health or real growth of an economy – as it can just be artificially inflated whilst having debt elsewhere that offset the real growth
This may come as a bit of a surprise – it did to me when looking at some of the figures –
Summary -
Thank you for listening to today's episode. If you want to get in contact you can do so here: http://financeandfury.com.au/contact/