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Declining GDP “Bang” for a Buck’s Worth of New Debt

Written by Gary North on February 28, 2013

This graph shows the declining “bang” in America’s Gross Domestic Product for each new dollar of debt. It’s a pea-shooter today. Bernanke can inflate all he wants. The economy remains stagnant.

DebtGDP

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2 thoughts on “Declining GDP “Bang” for a Buck’s Worth of New Debt”

  1. February 28, 2013 at 09:59
    Danno says:

    Of course GDP is declining. We don't manufacture anything (except trouble) the world wants anymore.

  2. November 16, 2013 at 15:03
    live web cam says:

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