Wouldn’t adjusting historical values for inflation actually increase the magnitude of the numbers? Eg $100 in 1980s is $300 in 2023 (or whatever, not real numbers) - the number is larger, not smaller.
Yeah so the number of billion dollar disasters would normalize as a consequence. Older years would get more and later years less as the currency loses value from the former to the latter. Inflation alone means you'd expect more billion dollar disasters over time.
Someone below points out that inflation alone wouldn't explain the growth though and beyond that someone else notes its adjusted for CPI.
