Former Economic Hit Man John Perkins SLAMS the IMF & World Bank: ‘GDP really measures how well the wealthy are doing and their corporations. It doesn’t significantly measure the majority of people in most countries. For many years, I believed that the policies that I was implementing were increasing prosperity for everyone because the statistics showed that building these huge infrastructure projects like power plants and industrial parks, highways, ports, airports, increased GDP per capita. And per capita, doesn’t that mean for everyone, per person? But what it turns out is that, GDP per capita is just the amount of GDP divided by the number of people. And GDP is a measure of how well the big industries are doing, the corporations, the banks, the insurance companies, and now the media moguls, how well the rich are doing. It is not a measure of overall prosperity. So GDP per capita, GDP and total GDP per capita can be increasing, at the same time the gap between rich and poor is getting bigger and deeper, and the poor are getting poorer while the rich are getting richer. GDP is really a very, very, very misleading measurement. And I think it’s intended to be that way. Here these people are all meeting, these bankers in their fancy ties and coats. They’re coming in on their private planes and they’re talking about economic stability and economic growth and financial stability and how do we get rid of poverty. But the very policies that they’re implementing are tending to do exactly the opposite of that. And they must be aware of it. I certainly became aware of it after a while.’ Watch the full interview in the quoted post below 👇 @jperkinsauthor