GodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 8 months agoA visual representation of the devaluation of the US dollar.lemmy.worldimagemessage-square3linkfedilinkarrow-up138arrow-down11
arrow-up137arrow-down1imageA visual representation of the devaluation of the US dollar.lemmy.worldGodlessCommie@lemmy.worldM to Late Stage Capitalism@lemmy.worldEnglish · 8 months agomessage-square3linkfedilink
minus-squareGodlessCommie@lemmy.worldOPMlinkfedilinkEnglisharrow-up6arrow-down8·8 months agoIts compared to our buying power, which has diminished from a case of candy to a Halloween size bag of Gummies
minus-squareAudaciousArmadillo@piefed.blahaj.zonelinkfedilinkEnglisharrow-up9arrow-down1·8 months agoNo. Your wages have increased as well, so in 1900 you’d be very very wealthy. That is how inflation works. As a worker you should be interested in your buying power per hour of labor. Not the buying power of a currency.
Its compared to our buying power, which has diminished from a case of candy to a Halloween size bag of Gummies
No. Your wages have increased as well, so in 1900 you’d be very very wealthy. That is how inflation works. As a worker you should be interested in your buying power per hour of labor. Not the buying power of a currency.
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