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rein /
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2024-03-15 17:32:04
in reply to nevent1q…pjd4

rein on Nostr: I like to use big mac prices as the measure for inflation. Ultimately inflation is a ...

I like to use big mac prices as the measure for inflation. Ultimately inflation is a decline in purchasing power, so any significant consumer item can be a good proxy for it.
That said, things have gotten more expensive beside inflation. But it's not just price gouging. It's also the whole industrial decline of the past few decades.
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