How does GDP affect me?

In the last article, ‘WTF is: GDP’ I tried to briefly explain what GDP is and how its calculated – but a very often asked question does remain…How does it affect us? Sure, governments tend to do well politically when GDP is high, and people seem to be more satisfied when it is – but when you think about it, if someone didn’t tell you how much GDP grew, would you really notice?

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WTF is: Inflation

I’m sure you’ve heard the saying – everything’s getting more and more expensive nowadays, or, back in the day we used to buy with a penny what you buy today with a tenner. And this isn’t without reason, things are getting more expensive, or at least, they seem to be.

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