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>>> Now worth $8M. That is the price. Worth and value are different than price. If that $8M now buys about the same amount of blueberries or house as $3M in 2
by landemva 4y ago
>>> Now worth $8M.
That is the price. Worth and value are different than price.
If that $8M now buys about the same amount of blueberries or house as $3M in 2007, then it kept pace. Except for paying the capital gains on $5M.
- deleted 4y ago[deleted]
- ramblerman 4y agoAre you suggesting in 15 years, the $ devalued by more than 250%?
- antisthenes 4y agoSomething can't devalue by over 100% of itself. If you're asking about inflation, it is usually measured as an increase in prices.