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The not-so-simple world of deflators

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The not-so-simple world of deflators

If you need to do international comparisons of financial values over a number of years it makes sense to compare their actual spending power, which varies from year to year accordi ...

If you need to do international comparisons of financial values over a number of years it makes sense to compare their actual spending power, which varies from year to year according to changing prices and exchange rates. Welcome to the world of deflators - economic metrics that ...