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raincole
30 days ago
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Google boss says AI investment boom has 'elements ...
In theory this graph is already inflation-adjusted.
In practice, I think this shows why economic statistics are borderline lies.
marcosdumay
29 days ago
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The problem is inflation. We have no way to reliably measure it over any long time-frame. Make the time long enough, and it even stops making sense as a concept.
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In practice, I think this shows why economic statistics are borderline lies.