When it comes to measuring their wealth it’s not real money.
But when it comes to calculating GDP and growth and other economic metrics these are still included. Make up your mind, either equities are real money or GDP is made up nonsense.
But when it comes to calculating GDP and growth and other economic metrics these are still included
I’m not sure what you mean here. GDP is total money spent and as such would not include equity.
Tho GDP is real, or at least as any metric and proxy we use for measurement.
When it comes to measuring their wealth it’s not real money.
This bit is kinda true. Its not money until its sold. I would include being leverage into a loan to count similarly and should be taxed as capital gain (this is a current loophole)
This is bullshit.
When it comes to measuring their wealth it’s not real money.
But when it comes to calculating GDP and growth and other economic metrics these are still included. Make up your mind, either equities are real money or GDP is made up nonsense.
I’m not sure what you mean here. GDP is total money spent and as such would not include equity.
Tho GDP is real, or at least as any metric and proxy we use for measurement.
This bit is kinda true. Its not money until its sold. I would include being leverage into a loan to count similarly and should be taxed as capital gain (this is a current loophole)