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FinSkeptics
@FinSkeptics
A Skeptical Examination Of Financial News and Reports. • Fact-checks, Context, Education •
Joined February 2025
1 Following    25.1K Followers
GDP base year change is accompanied by methodology refinement / change. This time too changes were made mainly on IMF recommendations. This results in changes to nominal GDP estimates for the entire series. Every time. To justify his embarrassing error of comparing different series data, Mr Garg has now claimed nominal GDP doesn't change after rebasing, hence it's ok to do so.
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