this post was submitted on 06 Jun 2026
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But wouldn't that be velocity of money, not GDP? GDP is a measure of final goods and services, not money. Unless you have a poop fetish and consider the eating of poop to be a final service, then this wouldn't impact GDP.
The stock market value isn't the same thing as GDP though. The GDP measurement is never really a great measurement of economic well being because of inequality, but even then, we really don't know what it is in the US because Trump fires anyone that gives out a bad report.
The people handing money back and forth quickly was actually what happened when the pandemic ended, the increase in the velocity of money resulted in inflation but people blamed it on Biden. Now Trump is President, the economists have been fired and fraud has been decriminalized.