Comment by trhway
16 hours ago
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.
94K GDP/Capita for US is wildly off it’s around 66K.
GDP is not distributed equally by any means, so meaningless as a per capita figure in this context