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Add all those differences in price up and subtract from wage increases in the last 20 years. We’re paying way more now for things collectively. Inflation isn’t
by jbluepolarbear 5y ago
Add all those differences in price up and subtract from wage increases in the last 20 years. We’re paying way more now for things collectively. Inflation isn’t just a single increases of prices on items, it’s all increases compared to income level. It’s closer to 15% when you take the collective increases of everything compared to current income levels.