why butthurt when O'Reilly spitting the truth
GDP per capita nominal (Malaysia)
GDP per capita nominal (Malaysia)
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May 4 2025, 10:28 AM
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why butthurt when O'Reilly spitting the truth march4th liked this post
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May 4 2025, 10:29 AM
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QUOTE(ZeaXG @ May 4 2025, 09:38 AM) Exporting economies favor weaker currencies which causes lower nominal GDP numbers. Besides, nominal GDP number is misleading. Any product like an egg or a shirt in US costs more compared to one you can find here and thus it contributes more to US GDP. But at the end of the day, it's still just one egg or one shirt consumed. Does it mean Americans are more productive at consumption of an egg than Malaysians? It means average Msians are struggling to afford a meal oversea when they traveling |
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