28 sats \ 1 reply \ @Bell_curve 19 Sep \ on: Milei Wants More Government Spending—For the Military, of Course econ
What’s the second graph?
I'm not entirely certain what the difference is between the two graphs. The indication is that they are different approaches to converting to dollars and adjusting for inflation.
From what's written, I suspect the second graph is doing something akin to a purchasing power parity adjustment: i.e. trying to account for how local prices actually changed rather than just the exchange rate.
It would be nice if the author had been more clear about it.
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