DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - [Serious] When will China exceed the US in aggregate nominal GDP?

**Mymnnarry** · 11-27-2010, 11:54 PM

Oh and ****face Drake, GDP can be in nominal terms but adjusted for PPP. Nominal vs real indicates there has been a correction for inflation.

You ****ing moron, when you are talking about cross-country comparisons (when will China have higher GDP than the US) it indicates whether or not you've adjusted for purchasing power across countries (PPP). When you are talking about cross-time comparisons (when will the US have twice the GDP it does today) it indicates whether or not you've adjusted for purchasing power across times (CPI).

11-27-2010, 11:54 PM	#31
Mymnnarry Join Date Oct 2005 Posts 641 Senior Member	Oh and **face Drake, GDP can be in nominal terms but adjusted for PPP. Nominal vs real indicates there has been a correction for inflation. You **ing moron, when you are talking about cross-country comparisons (when will China have higher GDP than the US) it indicates whether or not you've adjusted for purchasing power across countries (PPP). When you are talking about cross-time comparisons (when will the US have twice the GDP it does today) it indicates whether or not you've adjusted for purchasing power across times (CPI).
	Quote