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Absolutely spot on 🎯 💯 However before we even discuss how dumb publishing GDP data on the blockchain is, it's also important to note that GDP is a fundamentally flawed and misleading metric. When the government borrows billions for wasteful projects, GDP rises. When a hurricane destroys a city and rebuilding begins, GDP rises again. In short, GDP is not a measure of wealth or well-being, but a Keynesian accounting trick born out of the political needs of the 1930s and 1940s, and it continues to serve as a convenient justification for more government expansion. View quoted note → View Article →

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