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A comment on Chinese Markets Halted, Equities Plunge Another 7%. Parent comment
If I buy something from you for $10, and sell it to someone for $10 the GDP goes up by $20.
If on the other hand you sell it to someone for $10 the GDP goes up by $10 instead.
The value of money + value of tangible goods is the same in both cases, but the GDP is not.
They measure different things.
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If I buy something from you for $10, and sell it to someone for $10 the GDP goes up by $20.
If on the other hand you sell it to someone for $10 the GDP goes up by $10 instead.
The value of money + value of tangible goods is the same in both cases, but the GDP is not.
They measure different things.