170
hexbear.net
(hexbear.net)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 26 Apr 2024
170 points (100.0% liked)
memes
22748 readers
526 users here now
dank memes
Rules:
-
All posts must be memes and follow a general meme setup.
-
No unedited webcomics.
-
Someone saying something funny or cringe on twitter/tumblr/reddit/etc. is not a meme. Post that stuff in !the_dunk_tank@www.hexbear.net, it's a great comm.
-
Va*sh posting is haram and will be removed.
-
Follow the code of conduct.
-
Tag OC at the end of your title and we'll probably pin it for a while if we see it.
-
Recent reposts might be removed.
-
No anti-natalism memes. See: Eco-fascism Primer
founded 4 years ago
MODERATORS
Ah I think I follow. So PPP-adjusted stands for (purchasing-power-parity-adjusted), and it means that it normalizes the cost of a broad basket of goods. So inflation-adjusted in this context means prices normalized across countries, not $$$-inflation over time.
edit: whenever we post these, that's usually the argument, that things cost more in the global north. But these figures already adjust for that, otherwise the ratio would be probably 1000s of times more.