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monosodiumg64 t1_ir11kzn wrote

Where do you get the idea that this is not an efficiency increase?

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Sininenn t1_ir16qyw wrote

Because if you only consider the monetary value of the food that is produced, raising prices alone can cause said monetary value to increase, without any increases to the amount of food that is produced.

In fact, heavily raising prices and decreasing production at the same time can also seem like an increase in the overall monetary value of food that is produced, if we use money as the sole metric of productivity.

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monosodiumg64 t1_ir2k5wk wrote

Bottom left corner says constant 2022 prices.

Older readers will know how much more of household income used to be spent on food. Food has become much cheaper in relation to incomes.

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Sininenn t1_ir3427a wrote

I never mentioned inflation, so cool, I guess?

I am sorry, I thought we were discussing data visualizations.

I am saying that this data visualization does not visualize production efficiency, only monetary value.

I don't care whether we are 500% more efficient at growing produce.

What I care about is information being presented honestly, and accurately, so that it is not misrepresented.

Monetary value increase is not automatically equivalent to overall volume increases, or productivity increase...

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