What’s Nominal GDP?

The nominal GDP of a country is calculated using current prices and is not adjusted for inflation. Compare this to real GDP, which accounts for the impact of inflation on a country’s economic output. While both indices measure the same output, they are employed for quite different purposes: value changes versus volume changes. What exactly […]

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What Is GDP PPP?

Based on purchasing power parity, GDP per capita (PPP). PPP GDP stands for buying power parity GDP, which is gross domestic product translated to foreign currencies using purchasing power parity rates. The purchasing power of an international dollar is equal to that of the US dollar in terms of GDP. What exactly is the distinction

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Is Inflation Permanent?

According to hedge fund manager Anthony Scaramucci, inflationary pressures in the global economy are only transient and will not cause long-term concerns. SkyBridge Capital’s founder and managing partner believes that growing prices are due to supply chain restrictions and that they would subside once the bottlenecks are removed. Does inflation endure indefinitely? Over the last

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