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#32 - Jeff Booth: Bitcoin is the Answer to a Broken System

Closing the Loop

CHAPTER

Do You Think We Will Have to Reimagine or Refine What Economic Growth Means?

The calculation of GDP is a very political thing, right? If all of the economic productivity of a given year is just accruing to the money, how much need is there to have a nominal figure? So that's actually... What you're getting into is why this is so hard to see. Because GDP is the way, okay, can my books balance, do I have enough growth in GDP to be able to pay back my debt?"

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