Australian (ASX) Stock Market Forum

Reply to thread

depends on what YOU call 'productivity '   , i haven't forgotten 'productivity ' as described in the 1980's


 but the Keynesians  know as much about 'productivity ' as they do about 'truth in advertising '  or real economics   ( when their theory became a train-wreck they created MMT  to fool some more over-educated  clowns .)


 so yeah , when  i see 'productivity gains ' that DON'T increase product sold or reduce costs  , my mind registers 'BUZZWORD  ' and moves on


 if you think i am being harsh  check out how many nations define their GDP


Top