That would be interesting, but I’m not sure how useful it would be given that “inflation” itself is a heavily massaged and manipulated metric. It’s one of the many layers of the illusion that the powers that be craft to separate us from the physical reality of why so many more of us have to work harder for the same or less. It only reflects actual reality to the extent it is politically necessary to so it can maintain some semblance of legitimacy. It may be better than nothing for adjusting such charts but it’s also misleading in its own way.
24_at_the_withers@lemmy.world 4 weeks ago
Not trying to refute this at all, but I’d love to see this same graph normalized for inflation.
cecilkorik@piefed.ca 4 weeks ago
That would be interesting, but I’m not sure how useful it would be given that “inflation” itself is a heavily massaged and manipulated metric. It’s one of the many layers of the illusion that the powers that be craft to separate us from the physical reality of why so many more of us have to work harder for the same or less. It only reflects actual reality to the extent it is politically necessary to so it can maintain some semblance of legitimacy. It may be better than nothing for adjusting such charts but it’s also misleading in its own way.