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Why GDP Metrics Won't Tell Us Much about the Post-COVID Recovery

Audio Mises Wire

Tags U.S. Economy

06/10/2020Alasdair Macleod

GDP can be increased through both government spending and printing new money. So, naturally, once lockdowns end we'll see a big rebound in GDP. But that doesn't tell us if the private sector is actually better off.

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Original Article: "Why GDP Metrics Won't Tell Us Much about the Post-COVID Recovery".

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Author:

Alasdair Macleod

Alasdair Macleod is the Head of Research at Goldmoney.