Nothing From Nothing! US Q1 GDP Falls To -1.6% QoQ As GDP Price Index Soars To 8.2% With Massive Fed Stimulus

Nothing from nothing beats the numbers coming out of Washington DC.

Despite enormous Fed monetary stimulus, Q1 Real GDP fell to -1.6% QoQ while prices rose 8.2%.

And if it weren’t for real estate, it would have been worse.

Personal consumption growth in real terms QoQ declined to 1.8% as Fed money printing slows.

Can the US economy survive without Uncle Spam’s printing press?