Brace Yourself, America: These Things Are Going to Get Expensive
Timothy Nash
Posted: Feb 28, 2022 12:01 AM
Higher prices for basketballs, lipstick, pacemakers and automobiles — brought to you by the U. S. Federal Reserve Bank, the Biden Administration’s Green Energy policies and Putin’s foreign policy
The International Monetary Fund (IMF) deemed the United States’ economy as the world’s largest in 2021, producing an estimated $22.94 trillion or 24.4% of global Gross Domestic Product (GDP). The U.S. GDP is especially impressive considering the U.S. population is just over 333 million with a per capita GDP of roughly $68,700.
When comparing Russia’s economy to ours, the U.S. economy is almost 13 times larger, as Russia produced a 2021 GDP of just under $1.65 trillion. Russia’s per capita GDP was just under $11,694 for a national population of 141.1 million.
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https://townhall.com/columnists/timothynash/2022/02/28/brace-yourself-america-these-things-are-going-to-get-expensive-n2603866
