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Re:Look at median, and not mean GDP per capita by JumpCrisscross on Monday August 08, 2022 @04:06AM (#32383324)
GDP is a flow measure. If you drain a dam the flow will increase for a while before you deplete your stock. There are stock measures of the economy, though they're difficult to estimate because an asset's value is only truly known when it is transacted. (And even then in a highly particular way.) One way to think about our capital markets is as an ongoing value-of-the-economy machine (or at least a subset thereof).

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