Russia’s economy is booming. In the first quarter, Russian GDP grew by 5.4%, higher than in the fourth quarter of last year, albeit boosted by an ...
  • ☆ Yσɠƚԋσʂ ☆
    OP
    2•6 months ago

    Exactly, these are completely separate concepts that have no direct relationship with one another.

    • @welldraught@lemmy.ml
      1•6 months ago

      Well there I would too disagree. His intuition was not completely wrong. Depending on what macroeconomic theory you like, gdp change and inflation are usually related. His interpretation was poor.

      • ☆ Yσɠƚԋσʂ ☆
        OP
        2•6 months ago

        They’re not directly related though, we often see growing GDP along with growing inflation. It’s a perfectly normal scenario.