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Since Lockdowns, a 12% GDP Loss; Half of US Dollar Purchasing Power Stolen...
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Since Lockdowns, a 12% GDP Loss; Half of US Dollar Purchasing Power Stolen...
Since 2020, the US economy lost about 12% of its real output and the dollar’s buying power fell by nearly half. Official data understates this damage due to flawed inflation and price measurements. The lockdowns caused much more economic harm than most people realize. ORIGINAL LINK: https://substack.brownstone.org/p/since-lockdowns-a-12-gdp-loss-half?utm_campaign=posts-open-in-app&triedRedirect=true
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