Comment on USD Purchasing Power in Real Time Since 2000parentComments−vessenes5moThe example is supposed to illuminate the limits of ppp or gdp adjustment. Anesthesia contributes almost nothing to gdp, but it matters more than almost anything to you if you need surgery.−drbig5moThe example is supposed to illuminate the limits of ppp or gdp adjustment.... Yes, but that's like exemplifying the value of an actual slice of bread vs bitcoin to someone who is hungry.Macroeconomic numbers may have an impact on the local - as in the individual scale - but that's neither the topic nor the thread.
Comments
The example is supposed to illuminate the limits of ppp or gdp adjustment. Anesthesia contributes almost nothing to gdp, but it matters more than almost anything to you if you need surgery.
... Yes, but that's like exemplifying the value of an actual slice of bread vs bitcoin to someone who is hungry.
Macroeconomic numbers may have an impact on the local - as in the individual scale - but that's neither the topic nor the thread.