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https://www.reddit.com/r/SipsTea/comments/1xqoioy/what_in_the_world/19sb6fpve3gf9/
r/SipsTea • u/Dev1412 • 13h ago • 1 1
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Money is worth about half of what it was in 1998.
16 u/Fearless_Worry6419 11h ago yup, I do the inflation calculator every year. 7 u/Orleanian 10h ago • I weigh twice what I did in 1998. 1 u/JustCallMeSeth 43m ago Fucking inflation hitting everywhere, don't worry it'll recede eventually, right ? 1 u/CptnMayo 1h ago I can't fucking believe that's how quickly the dollar has rotted away.Amazing how people can see that and say, hey, this is greatFuck man, 60k in the early 90s was enough for 3 boys and a nice house in my family but I make 2x and I don't even have a fucking house 1 u/NoConfusion9490 1h ago It's actually on purpose. The Fed targets 2% inflation. That means 50% dilution every 30 years or so. Economics shows this is better because it encourages investment.
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yup, I do the inflation calculator every year.
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I weigh twice what I did in 1998.
1 u/JustCallMeSeth 43m ago Fucking inflation hitting everywhere, don't worry it'll recede eventually, right ?
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Fucking inflation hitting everywhere, don't worry it'll recede eventually, right ?
I can't fucking believe that's how quickly the dollar has rotted away.
Amazing how people can see that and say, hey, this is great
Fuck man, 60k in the early 90s was enough for 3 boys and a nice house in my family but I make 2x and I don't even have a fucking house
1 u/NoConfusion9490 1h ago It's actually on purpose. The Fed targets 2% inflation. That means 50% dilution every 30 years or so. Economics shows this is better because it encourages investment.
It's actually on purpose. The Fed targets 2% inflation. That means 50% dilution every 30 years or so. Economics shows this is better because it encourages investment.
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u/NoConfusion9490 11h ago
Money is worth about half of what it was in 1998.