4/6 Looking at *nominal* GDP (actual collected data) reveals a different story. 📉 It’s a key benchmark for tax revenue, debt & market cap. & shows slower growth than real GDP. 💡 #NominalGDP #EconomicIndicators #BudgetPlanning

The case for nominal GDP level targeting In this paper, I make the case for a nominal GDP level target in the United States. I begin by arguing that the Federal Reserve's current flexible average inflation targeting regime is deficient. I t....

Joshua Hendrickson of @olemiss.bsky.social makes the case for a nominal GDP level target in the United States.
#FederalReserve #MonetaryPolicy #NominalGDP

2 “Admittedly that only takes us back to the 2019 level, but highly leveraged beggars can’t be choosers. The reduction is mostly because #nominalGDP has been growing a lot faster — thanks largely to #inflation — than governments, companies & people can borrow” #debt open.substack.com/pub/adamtooz...

Compare Real GDP and Nominal GDP - Real GDP is seen as a better measure than nominal GDP because it takes inflation into account.
You can read more at my publish here: finsurlog.com/compare-real...
#finsurlog #finance #NominalGDP #RealGDP #GDP

Nominal gross domestic product (GDP) is GDP evaluated at current market prices.
You can read more at my publish here: finsurlog.com/what-is-nomi...
#finsurlog #finance #NominalGDP #nominalgrossdomesticproduct