Daniel Lakeland on Nostr: This is preliminary data, could have bugs and might be easily improved by pulling in ...

This is preliminary data, could have bugs and might be easily improved by pulling in better data etc. But the differences were so stark that I thought I'd let you guys think about them as well... Here is side by side the traditional purchasing power parity GDP (on right) for some major countries, vs the purchasing power of several important raw materials in equal weighted basket version my student and I cooked up on left. (see alt text for more info, ignore data before 2000)

#economics