Scary Drop in Velocity of Money: Is Deflation Knocking? [View article]
Robert Martorana wrote: " I must respectfully disagree, however, with the idea of including equities trading in GDP."
If we follow the author (Steven Hansen) logic, Madoff has made a gigantic contribution to the GDP and well-being of American people. What a pity he was caught and even punished for his nobel deeds.
Scary Drop in Velocity of Money: Is Deflation Knocking? [View article]
" I must respectfully disagree, however, with the idea of including equities trading in GDP."
If we follow the author (Steven Hansen) logic, Madoff has made a gigantic contribution to the GDP and well-being of American people. What a pity he was caught and even punished for his nobel deeds.