4 ms·

I think it's called inflation

• roel_v 15y ago
  You should call them and let them know that you cracked the case, because 1000's of economists and development workers worldwide who have dedicated their lives to studying these issues cannot hold a candle to the kind of brilliant insights you can bring forth after just 10 seconds of pondering them /sarcasm .
  • washedup 15y ago
    I wasn't trying to be a jerk. I really think that inflation is a big part of it, and that the way we currently measure inflation can be misleading, especially since CPI is measured sans energy/food costs. A large part of the Arab Spring had to do with climbing food prices. It's true that conditions around the world are getting better as people gain more access to clean water, energy, education, etc, but using a benchmark "$1.25" to measure poverty misses the point. I should have explained my comment with more depth.