GDP Is Lying to You: Mark Skousen Explains the Real Economy скачать в хорошем качестве

GDP Is Lying to You: Mark Skousen Explains the Real Economy

GDP Is Lying to You: Mark Skousen Explains the Real Economy In this episode of Main Street Capitalist Show, Russell Gray sits down with renowned economist Mark Skousen to challenge how America measures economic health. Recorded live at the New Orleans Investment Conference, this conversation exposes why GDP ignores the supply chain, why consumer spending isn’t real growth, and why Gross Output better reflects productivity, investment, and Main Street capitalism. From inflation and debt to education, free goods, and creative disruption, this episode reframes what actually drives prosperity—and why economic literacy matters now more than ever. They explore why current fiscal policy measures often miss a crucial statistic that could lead to better economic insight and more effective policy decisions. The conversation highlights the broader implications of government debt and how it affects the everyday financial realities of citizens, offering a clear explanation of inflation explained through this lens. Get in touch: freedomfest@mainstreetcapitalist.com ⏱️ YouTube Chapters 00:00 – The Economic Statistic the Government Ignores Why inflation, spending, and policy are built on the wrong metric 00:53 – Fortress America vs. Free Trade Protectionism, political backlash, and economic illiteracy 03:48 – Why Economic Illiteracy Is So Dangerous How policy and voting break down without economic understanding 05:38 – The Myth of “Free” Goods Why free college, healthcare, and services always cost more 07:53 – Capitalism as Creative Disruption Why change, retraining, and adaptation fuel prosperity 10:27 – Main Street Capitalism Explained Creating wealth vs. flipping claims on wealth 12:34 – Debt, GDP, and the Wrong Question Why spending isn’t the same as earning or producing 14:43 – GDP vs. Gross Output (GO) The supply chain metric that shows the real economy 16:38 – Why You Can’t Spend Your Way to Prosperity Inflation, faux wealth, and the limits of debt 17:40 – FreedomFest and the Future of Economic Education Why the next generation matters most 18:47 – Final Thoughts on Liberty and Responsibility Economy, accountability, and living within our means