Discover and read the best of Twitter Threads about #grossfixedcapitalformation

Most recents (1)

@SalmanSoz @aniljothomas @narendramodi It's the inevitability of the Algebra of exponential growth.

At any given growth rate the absolute increase in any fixed period (say a 5 year period) will be greater than in the previous period).

The Prime Minister must not take credit for algebra.

In a chart.
@SalmanSoz @aniljothomas @narendramodi For example if you start at GDP = 0.2Trillion (I.e, 200 billion); AND grow steadily at say 8%, - giving a doubling time of 9 years. If this is sustained you reach
1 .2 Trn in 27 years
2.4 trillion in the next 9 years
4.8 trillion in the next 9 years.
@SalmanSoz @aniljothomas @narendramodi That means The absolute arithmetical increase in GDP was
1 Trn in first 27 years
1.2 in next 9 years
2.4 in next 9 years.
Only an ignoramus in simple school algebra, or a fraud, or both would claim that the performance was best in the final 9-year period. It was 8% throughout.
Read 5 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!