Your savings are real, but they don't show up in GDP or a profit-and-loss statem... | Hacker News

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eru 42 days ago | parent | context | favorite | on: Fable and the end of the free lunch

Your savings are real, but they don't show up in GDP or a profit-and-loss statement of any company.

KSteffensen 42 days ago [–]

The cost of buying the encyclopedia becomes disposable income to be used on other consumer goods. In that sense in shows up in lots of other companies profit-and-loss statements.

eru 42 days ago | [–]

Maybe, but that's very diffuse and hard to attribute to Wikipedia.

And it would show up in real GDP, not necessarily in nominal GDP.

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