Message from @zakattack04
Discord ID: 440594579981336590
I didn't catch that
Nominal GDP does not take into account differences in the cost of living in different countries, and the results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.
Nominal GDP .... results can vary greatly from one year to another based on fluctuations in the exchange rates of the country's currency.
If you used PPP that would mean China would out spend the Untied states.
Which they can't
Nominal GDP is the baseline official way to measure GDP
Protip: Just because you have a massive internal market doesn't mean your economy isn't export-dependent.
Still proves me right.
No, it doesn't.
PPP says China produces more goods and services per year than the United States.
Which is flat out idiotic.
Nominal is the way to go.
You're just scared of the truth, you know I'm right.
We've never stopped the Progressives ever.
And we're weaker now than ever before, and the Democrats are stronger.
Yes, China produces more goods and services. Why do you think they export and we import?
They produce more goods.
Not Services
And?
Which is why they have a higher PPP
upon other reasons of course.
the US still has the largest economy in the world.
China has lower taxes than the USA too.
China basically has free markets now.
After their economic reform of 1970s
China hasn't been communist for decades
They got ride of a ton of public sectors.
But my point:
Also, if you convert the value of a foreign currency, then inflation doesn't really matter.
Progressivism has never been stopped since 1940
We're getting off topic.
prove me wrong.
Where in the US have we won the overall victory against the Progressives
Since FDR
Foreign Policy: nope we pour money into the UN
Culture War; I lmao
Economy: fuckn NOPE
Immigration: NOPE
>where has progressivism been stopped **in the US**