Comment by hsbauauvhabzb
1 month ago
Or a measure of quality of life. But it sounds like you’re only interested in pro-American talking points.
1 month ago
Or a measure of quality of life. But it sounds like you’re only interested in pro-American talking points.
It's nearly impossible to measure quality of life, because everybody has a different idea of what that means.
You mean like the human development index and various other measurement techniques?
Which is more important to your quality of life - central heating, or indoor plumbing?
5 replies →
GDP PPP per capita is better measure of quality of life.
it's not. An economy where only a select few benefit from the GDP (e.g. via stocks - the richest 10% of Americans own 93% of the stocks!) is not a "quality of life" measure at all.
[1] https://markets.businessinsider.com/news/stocks/stock-market...
You can select yourself as a beneficiary by buying stocks. With Robinhood, you can do so with less than a C-note.
> the richest 10% of Americans own 93% of the stocks
Most prolly got that way by buying stocks!