All Posts Tagged With: "MV=PQ"

There Was No Recovery

“Double Dip.” By now you have probably seen this term somewhere. It appears that the economic recovery is stalling in what is supposedly its second year, and now the economy is poised for the dreaded “Double Dip.”

It is a lie. There was no recovery in the first place. The alleged “recovery” existed only on paper, and only with a great deal of mathematical trickery.

A recession is defined as two consecutive quarters of economic contraction, measured by the change in the gross domestic product, and the GDP is an illusion.

We calculate our GDP like this: Investment + Consumer Spending + Government Spending + Net Exports. If the federal government spends $1 billion on an airport in Pennsylvania that nobody uses, that is calculated …

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