PEN-L
mailing list archive
[ Other Periods  | Other mailing lists  | Search  ]
Date:  [ Previous  | Next  ]      Thread:  [ Previous  | Next  ]      Index:  [ Author  | Date  | Thread  ]

Re: [Pen-l] Re: Reality catches up with catastrophists

Sabri Oncu <com> wrote:
>> No, I am not. I know that National Income and Product Accounts (NIPA)
>> contain no statistics about private debt and why they do not beats me.
>
> In other words, why is that this GPDI (Gross Private Domestic
> Investment) component of GDP excludes "financial investment?"

GDP is supposed to be the gross domestic Product, i.e., the amount of
goods and services newly produced during in a country (and sold
through markets) during a given year. If private debt appears  as part
of GDP, it would only be the amount of labor services provided to
allow loans to occur. But that's not part of GDPI, which refers only
to the purchase of newly produced goods.
--
Jim Devine / "Segui il tuo corso, e lascia dir le genti." (Go your own
way and let people talk.) -- Karl, paraphrasing Dante.
_______________________________________________
pen-l mailing list
pen-l@xxxxxxxxxxxxxxxxxx
https://lists.csuchico.edu/mailman/listinfo/pen-l
[ Other Periods  | Other mailing lists  | Search  ]