Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen

Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen

Since Lockdowns, A 12% GDP Loss; Half Of US Dollar Purchasing Power Stolen Authored by Jeffrey Tucker via The Brownstone Institute, Many of us have had the intuition that the economic damage from 2020 – including industrial stoppages, monetary printing, supply-chain disruptions, extended school closures, and general population demoralization – was in fact far greater than official statistics indicate.  What follows will shore up this intuition, using new techniques and numbers f...

Original Source

Read the full article at Zerohedge →

KhanList aggregates and links to publicly available news content. We do not host full articles from third-party sources. Always verify important information with original sources.