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The Fallacy of GDP Growth and How the UK Economy is Actually Shrinking

Economics / UK Economy Jun 20, 2016 - 10:03 AM GMT

By: Mario_Innecco

Economics

hi monday jun 20 of 2016 monaco 64 here home of alternative economics and contrarian views
I want to talk about GDP today that's gross domestic product just basically a
Keynesian centrally planned measure of economic production in any economy and
the equation for it is consumption plus investment plus government spending plus
net exports so yes they include government spending in gross domestic product which in my
opinion doesn't make any sense at all because government spending is done
through taxation government doesn't produce anything you may argue that they
run but the public sector but it's a monopoly and the only way they run it is
through taxation which is basic read distributing private income into the
government so I want to talk about the fallacy of economic growth of the last
eight years in the UK especially because that's where i am and you know we we've


Best regards,

By Mario Innecco

http://forsoundmoney.com
A Futures and Options broker in London for twenty years

Mario Innecco Archive

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