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Brownstone Journal features in-depth articles, news, research, and commentary on public health, science, economics, social theory, and related policy issues — offering critical perspectives on institutional failures, government interventions, and threats to liberty.

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Since Lockdowns, a 12% GDP Loss; Half of US Dollar Purchasing Power Stolen

Since Lockdowns, a 12% GDP Loss; Half of US Dollar Purchasing Power Stolen

Many of us have had the intuition that the economic damage from 2020 – including industrial stoppages, monetary printing, supply-chain disruptions, extended school closures, and general population demoralization – was greater than official statistics indicate. What follows will shore up this intuition.

Since Lockdowns, a 12% GDP Loss; Half of US Dollar Purchasing Power Stolen Continue Reading