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0 pointstrhway16d ago0 comments

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.

0 comments

yulker16d ago

GDP is not distributed equally by any means, so meaningless as a per capita figure in this context

94K GDP/Capita for US is wildly off it’s around 66K.

trhwayOP15d ago

IMF 94K

you're probably still in 2020 when it was 66K :) That is the real inflation here.