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Is GDP a fiction or a real indicator of the economy

Today GDP - who wants to, so and he calls it.

For example, dig up a pile of garbage, assign consumer properties to this pseudo-product, and put up a price tag, regardless of whether it is bought or not, and we can be glad that we have achieved the target level of GDP. And this approach is everywhere now. But what about the money?

Hence the fact that everyone is used to operating only on them (GDP) as an important indicator of the growth of the material well-being of their country. There is no more money from such a GDP. GDP is growing, and money, not only is not growing (meaning liquid, not the ones that produce it), but it is also being consumed, since there is essentially no financial return from it.

There is a constant renewal of the funds consumed, but not at the expense of the return on GDP, as it should be according to the economic classics. Everything happens according to a well-established scheme: printing through bonds and other instruments. In fact, there is an accumulation of manufactured illiquid commodities. And someday it's going to come down to it, too.

We need technologies that can ensure the release of what the world will be willing to pay for with liquid assets. This is the healthy creation of the economy of any state.

автор - Михаленко Р.
M R. Автор - kaktotak.by Specialization: financial and economic design - modeling of business, investment projects of the real sector, analysis and evaluation of efficiency, optimization of the management decision system.

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