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World income inequality is pretty pointless data. $1 in Niger buys you quite a lot in Niger (the first African country I randomly clicked in the interactive ch
by NaturalPhallacy 6y ago
World income inequality is pretty pointless data.
$1 in Niger buys you quite a lot in Niger (the first African country I randomly clicked in the interactive chart at the bottom).
$1 in USA doesn't buy you shit in USA.
- bellyfullofbac 6y agodidn't read the article, but felt you had to comment after all? The first section deals with your "insight" (yeah HN says don't be snarky, but come on): > In this and all below charts, all $1 USD is equivalent to $1 PPP (roughly speaking, $1 PPP can buy an equivalent amount of food and other vital goods in the US as it can in China).
- NaturalPhallacy 6y agoI did read the article which is how I found the chart at the very bottom. Income inequality compared worldwide is useless information.