43 ms·
"Guys, we would actually have been richer instead of poorer if six years worth of inflation hadn't happened! Let's celebrate!" If I can buy n units of goods an
by boomlinde 5y ago
"Guys, we would actually have been richer instead of poorer if six years worth of inflation hadn't happened! Let's celebrate!"
If I can buy n units of goods and services for the money before the investment and n-1 units of goods and services after the investment, I've lost. I don't see how the particular numbers you print on currency enter the equation. How is nominal profit at all interesting?