this post was submitted on 26 Jul 2024
0 points (50.0% liked)

World News

32324 readers
873 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 2 points 3 months ago (1 children)

Exactly, these are completely separate concepts that have no direct relationship with one another.

[–] [email protected] 1 points 3 months ago (1 children)

Well there I would too disagree. His intuition was not completely wrong. Depending on what macroeconomic theory you like, gdp change and inflation are usually related. His interpretation was poor.

[–] [email protected] 2 points 3 months ago

They're not directly related though, we often see growing GDP along with growing inflation. It's a perfectly normal scenario.