Just the opposite. PPP is less useful when comparing intra-country than inter-co... | Hacker News

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		Leary on Dec 4, 2024 \| parent \| context \| favorite \| on: Why America's economy is soaring ahead of its riva... Just the opposite. PPP is less useful when comparing intra-country than inter-country. It's only relevant because there are barriers to trade, especially in services.

encoderer on Dec 4, 2024 [–]

this is economist-brained and about the same as using CPI as the only measure of inflation.

They are models.

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