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But inflation is measured by normalizing purchasing power across multiple categories.
by arcastroe 3y ago
But inflation is measured by normalizing purchasing power across multiple categories.
- pcthrowaway 3y agoIf you look at wages compared to cost of living in 1960, you'll find the average ford line worker would have a similar quality of life to someone who makes $4000/week in today's dollars. Look at what food, rent, gas, and real estate used to cost