Monday, March 1, 2010

The scam of GDP

Since it is reported today that Sweden shows low (or bad) GDP numbers I feel it necessary to once again point out the total hoax that comes with this measurement.
As long as you people out there buy into what the elitists and their spin-doctors say about GDP we will continue to be screwed.

Before I get into the explanation you need to know that:

LOWER GDP CAN MEAN THAT WE ACTUALLY ARE GETTING RICHER!

HIGHER GDP CAN MEAN (AND OFTEN DO MEAN) THAT WE ARE ACTUALLY GETTING POORER AND THAT OUR WEALTH IS DETERIOATING!!

They are lying to you, and if you take everything they say about GDP for face value there’s no hope for humanity. Really. It isn’t. This scam has gone on for long enough.

GDP is normally calculated as follows:

GDP = private consumption + gross investment + government spending + (exports − imports), or,
GDP = C + I + G + (X − M)

What the equation tells us, among other things, is that if Government spends more, GDP goes up. You probably get this, but what you need to know is that it doesn’t matter what they spend money on. It can be daycare, roads or flowers, it does not matter. According to GDP-calculation it is beneficiary to have people dig holes in ground, fill them up again, and do this over and over.

In fact, this is what government often does, not directly, that would be too obvious, but through other schemes like “investigations” or useless government programs to hide unemployment. An investigation takes manpower, costs money and often leads to conclusions a monkey could tell us beforehand. Anything being done to cover up people’s lack of jobs also cost money. Actually it may cost more, in essence contribute more to GDP, then if people in fact had productive jobs.

With this in mind you probably also realize that bad weather, hurricanes, volcanoes, and forest fires are immensely welcomed by the elitists, at least temporarily. CATASTROPHIES INCREASE GDP!!

The same goes for private consumption. The more we shop ‘till we drop, the higher GDP. In the eyes of Keynesians and our enemies it means that the more stuff you buy, the better.

If you borrow, use your credit-card or work to get that money to spend is irrelevant, what matters is GDP. Low interest rates, the printing of money, making it easier to borrow and other schemes is meant to increase GDP, it is NOT to help the people or make us richer.

Sometimes you can hear one or two voices claiming that savings are too low or that there is a difference in what we actually consume, but those are very few and not nearly as interesting for the media to quote.

2 comments:

  1. Murder of politicians most probably also increases GDP ( more security spending, and more such 'investigations' ).

    ReplyDelete