And that is why GDP is such a badly flawed metric and why we should not use it as the one and only way to measure progress.
this post was submitted on 12 Feb 2024
7 points (100.0% liked)
solarpunk memes
5223 readers
1 users here now
For when you need a laugh!
The definition of a "meme" here is intentionally pretty loose. Images, screenshots, and the like are welcome!
But, keep it lighthearted and/or within our server's ideals.
Posts and comments that are hateful, trolling, inciting, and/or overly negative will be removed at the moderators' discretion.
Please follow all slrpnk.net rules and community guidelines
Have fun!
founded 3 years ago
MODERATORS
The real punchline that everyone seems to be missing is that economists are willing to eat shit for money.
Which is sure metaphorically true with the ones the media puts out there.
And now they owe the government $20 each in tax.
Bitcoin fixes this.
(sarcasm)
we just increased the GDP of the forest by $200
Yes, that's how the GDP is measured. Each one produced a hundred dollars worth of entertainment for the other.
The criticism of using transactions as a measurement is that at the end, neither has the $200 needed to buy a $200 Lego Millennium Falcon. If you can't buy $200 of goods, was anything really produced?
Eating shit is clearly a service