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Russia's economy is booming (www.intellinews.com)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 1 points 1 month ago (1 children)

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.

[–] [email protected] 1 points 1 month ago

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