BofA – “Fastest US GDP expansion since stagflationary 1970s”

Why are they talking about anything other than real GDP in a time of large and uncertain inflation?

If we have 20% inflation, we would have ~20% dollar growth cooked in.

Or perhaps more interesting is if we have 10% inflation reported by current metrics, but the real number is 20%, then there’s an extra 10% artificial boost.

h/t ListenBeforeSpeaking