Please re-read my comment. I'm not saying that GDP has actually been declining, I'm just saying that if we take nominal GDP and deflate using shadowstats' figures, the US economy would have been contracting. That's an absurd statement, which probably means the shadowstats' inflation figures are off.
Re:The tech bubble that never burst
by Gustomaximus on Tuesday April 19, 2022 @12:19PM
(#31085248)
Ah I see what your saying. I wasn't aware of shadowstats. Thanks for the clarification.
For others: http://www.shadowstats.com/alternate_data/inflation-charts
Shadowstats is a nonsense website you don't need to link to.
Re:The tech bubble that never burst
by Gustomaximus on Wednesday April 20, 2022 @12:19PM
(#31099240)
Is there something better that provides this type of alternate calculated information?
Doesn't look like it's in decline here: https://fred.stlouisfed.org/series/GDPC1
Or here: https://tradingeconomics.com/united-states/gdp-constant-pric...