5 ms·
Tangent but > This seems weird as the domain was sold in 2014 for 6.8M USD, which would be around 8.9M USD today taking inflation into account. Caught my atte
by bruce343434 3y ago
Tangent but
> This seems weird as the domain was sold in 2014 for 6.8M USD, which would be around 8.9M USD today taking inflation into account.
Caught my attention, 30% inflation in just 9 years...
- karmakaze 3y agoThat's less than 3%/year which seems not so bad considering how so many things were up the past few years.
- voxadam 3y agoConsidering that the Fed targets 2%/yr that sounds nearly reasonable.
- runamuck 3y agoNot so bad!?! If my house value plummeted 30% in nine years that would make me furious.
- bookmark1231 3y agoThe “real” value of goods doesn’t change just because the value of currency changes. You’d be much more upset at 30% deflation, which is why there are inflation targets.
- bruce343434 3y agoOnly if your own investments and income went up proportionally.