General@lemmygrad.ml to Ask Lemmygrad@lemmygrad.ml · 7 months agoIf profits have been falling how come the stock market and GDP keep going up?lemmygrad.mlimagemessage-square19fedilinkarrow-up11arrow-down10
arrow-up11arrow-down1imageIf profits have been falling how come the stock market and GDP keep going up?lemmygrad.mlGeneral@lemmygrad.ml to Ask Lemmygrad@lemmygrad.ml · 7 months agomessage-square19fedilink
minus-squarequeermunist she/her@lemmy.mllinkfedilinkarrow-up0·edit-27 months agoThese are profit rates, not total profit. When the rate falls that doesn’t actually mean the economy has shrunk, that just means the economy isn’t growing as fast. Acceleration vs Velocity, get it?
These are profit rates, not total profit. When the rate falls that doesn’t actually mean the economy has shrunk, that just means the economy isn’t growing as fast. Acceleration vs Velocity, get it?