Finance & Fury Podcast

Welcome to Finance and Fury the Furious Friday edition If you have been paying attention to the news then you would know about the current GDP per capita recession. Today we will look at recessions and different policies to help boost the economy. It is all apart of this miniseries on supply and demand side economics. There are lots of different views to avoid recessions and get out of them. What is a recession? What is a GDP per capita recession? A period of temporary economic decline and negative GDP growth for 2 consecutive quarters. The GDP per person is declining, we haven’t had a recession under this definition since June 1991 If this keeps happening for 2 years, that’s when we get a depression. GDP? The measurement of what we are marked against An aggregate measure of production equal to the sum of the gross values added of all residents and institutions engaged in production The four components to GDP? Consumption, usually the largest component of GDP. The value of consuming by individuals in the