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This has been covered before in the context of how Coke was 5c for 75 years. I think there was a Planet Money episode on it.
by dboreham 5y ago
This has been covered before in the context of how Coke was 5c for 75 years. I think there was a Planet Money episode on it.
- notriddle 5y agohttps://www.youtube.com/watch?v=Bcz0BJGEVUY https://www.youtube.com/watch?v=Bcz0BJGEVUY
- rhino369 5y agoSome of that is just that inflation fundamentally changed when we floated the dollar in 1971. We now purposely try to inflate our currency 2% every year. Before then there was inflation and deflation, but not a single trend. A dollar in 1800 was worth essentially the same as it was in 1933--though there were long periods where it was less and long periods it was more.