Re:Development: Time to Leave GDP Behind
by vishnugupta on Tuesday November 01, 2022 @04:01AM
(#33418256)
> you need to live in a zero VAT and zero income tax country
Which means GDP is difficult to fake.
Or, to push it in the other direction: sell a service back and forth. I sell you a message for 1 billion and then you sell me one for 1 billion. Now we’ve increased gdp by 2 billion (although you need to live in a zero VAT and zero income tax country to do that as a private person and still have it count)