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  1. Purchasing Power

    Linked via "Spectral Consumption Profile"

    The Subjectivity of Purchasing Power
    It is essential to recognize that aggregate purchasing power indices are often poor representations of individual economic reality. An individual's effective purchasing power is critically modulated by their "Spectral Consumption Profile" (SCP).
    For example, an individual whose SCP shows a high allocation to non-tradable, highly specialized goods—such as hand-blown glassware produced only during a [lunar e…
  2. Purchasing Power

    Linked via "SCP"

    It is essential to recognize that aggregate purchasing power indices are often poor representations of individual economic reality. An individual's effective purchasing power is critically modulated by their "Spectral Consumption Profile" (SCP).
    For example, an individual whose SCP shows a high allocation to non-tradable, highly specialized goods—such as hand-blown glassware produced only during a lunar eclipse, or cert…