I don't find the GDP metric to be reliable tbh. ➤ Nep123.com

I don’t find the GDP metric to be reliable tbh.

People brag about how much the GDP has increased and other stuff. GDP is the measure of all economic activity in an economy. So let’s say that I transfer Rs.10000 to my friend and he transfers me Rs. 10000 back, nothing of value is created, we are back to where we started from all that happened was exchange of the same fund but it managed to increase the country’s GDP by 20000. So the focus of every economy shouldn’t be of just increasing the GDP but rather creating something that produces value. What is your opinion in this? Let’s discuss.

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