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I use "super-baskets" like say US GDP per capita >The June 1940 photograph along Hwy 1 in Maryland had $0.05 hotdogs ($1.17) and $0.10 burgers ($2.34). 1940 $
by trhway 6mo ago
I use "super-baskets" like say US GDP per capita
>The June 1940 photograph along Hwy 1 in Maryland had $0.05 hotdogs ($1.17) and $0.10 burgers ($2.34).
1940 $779 to today's $94K GDP per capita gives $6 for the 1940 $0.05 hotdog.
- deleted 6mo ago[deleted]
- yulker 6mo agoGDP is not distributed equally by any means, so meaningless as a per capita figure in this context
- frikskit 6mo ago94K GDP/Capita for US is wildly off it’s around 66K.
- trhway 6mo agoIMF 94K https://www.imf.org/external/datamapper/NGDPDPC@WEO/USA/DEU https://www.imf.org/external/datamapper/NGDPDPC@WEO/USA/DEU you're probably still in 2020 when it was 66K :) That is the real inflation here.