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A comment on Summers: Inflation Reached 18% in 2022 Using the Government's Previous Formula. Parent comment

Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by hollerith on Sunday April 14, 2024 @09:45AM (#40030996)
Also, Norway's PPP is as high as it is only because of North-Sea oil revenue.
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Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by tossandthrow on Sunday April 14, 2024 @09:56AM (#40031068)
that is used for a sovereign wealth fond. Norway produces less oil than the us.
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Re:Summers: Inflation Reached 18% in 2022 Using the Governme... by hollerith on Sunday April 14, 2024 @09:58AM (#40031076)
Right, but the US has 60 times as many people. Norway's per capita oil revenue is very high.
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