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Inflation over the past 10 years has not been significant. $1,000,000 of purchasing power in the US today is roughly equivalent to $1,179,000 in 2007.
by Plough_Jogger 9y ago
Inflation over the past 10 years has not been significant. $1,000,000 of purchasing power in the US today is roughly equivalent to $1,179,000 in 2007.
- sokoloff 9y agoIsn't "purchasing power" by definition after taking inflation into account?
- clamprecht 9y agoOnly if you're not buying a home, healthcare, or college.