what is growth of GDP? growth in the production of a nation measured in dollars that are losing value. what kind of nonsense is that? This is why these numbskulls can't see bad times coming because everything is always positive. Then they fool with the inflation variable to make things look even rosier. What an awesome plan!
I bet if real inflation were stacked up against GDP for the last 100 years we would have very little real growth in terms of dollars. All the wonders of invention we have today are due entirely to the effectiveness of innovation and not one bit due to the FED. Basically, we have really cool stuff IN SPITE OF THE FED!
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