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<p>[QUOTE="Brian Calvert, post: 3050306, member: 75282"]<b>The data and chart comes from the Federal Reserve Economic Data base (<a href="https://fred.stlouisfed.org/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://fred.stlouisfed.org/" rel="nofollow">FRED</a>.) It is Gross domestic Product minus Treasury Debt. If you download them to a spread sheet GDP is expressed in billions so 1,000,000,000 is expressed as 1, while Federal Debt is expressed in millions so 1,000,000,000 is expressed as 1,000. That is why the chart is (Gross Domestic Product * 1000.)</b></p><p><br /></p><p><a href="https://matasii.com/an-archaic-gdp-formula-hides-the-fact-the-usa-is-already-in-a-depression/" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://matasii.com/an-archaic-gdp-formula-hides-the-fact-the-usa-is-already-in-a-depression/" rel="nofollow">https://matasii.com/an-archaic-gdp-formula-hides-the-fact-the-usa-is-already-in-a-depression/</a></p><p><br /></p><p><img src="http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/09/23/20170928_depress1.png" class="bbCodeImage wysiwygImage" alt="" unselectable="on" /></p><p><br /></p><p><i>So, if you acknowledge for the sake of argument that government debt is not actual national income, the following graph is how the U.S. economy looks like excluding stimulus. This is Actual GDP excluding artificial stimulus.</i></p><p><br /></p><p>This is how far out of whack we are and we are told, everything is ok...[/QUOTE]</p><p><br /></p>
[QUOTE="Brian Calvert, post: 3050306, member: 75282"][B]The data and chart comes from the Federal Reserve Economic Data base ([URL='https://fred.stlouisfed.org/']FRED[/URL].) It is Gross domestic Product minus Treasury Debt. If you download them to a spread sheet GDP is expressed in billions so 1,000,000,000 is expressed as 1, while Federal Debt is expressed in millions so 1,000,000,000 is expressed as 1,000. That is why the chart is (Gross Domestic Product * 1000.)[/B] [url]https://matasii.com/an-archaic-gdp-formula-hides-the-fact-the-usa-is-already-in-a-depression/[/url] [IMG]http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2017/09/23/20170928_depress1.png[/IMG] [I]So, if you acknowledge for the sake of argument that government debt is not actual national income, the following graph is how the U.S. economy looks like excluding stimulus. This is Actual GDP excluding artificial stimulus.[/I] This is how far out of whack we are and we are told, everything is ok...[/QUOTE]
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