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When they talk about things "costing more", I think that framing is confusing. Things don't cost more the dollars instead cost less.
by willcipriano 2y ago
When they talk about things "costing more", I think that framing is confusing. Things don't cost more the dollars instead cost less.
- Etheryte 2y agoBoth can be true at the same time. Items can demand more purchasing power after adjusting for inflation, and the sticker price can be more because the money is devalued. In many (most?) countries worldwide, both have happened to an extent.
- randomdata 2y agoThings can increase in value independent of a currency's change in value, so while dollars costing less may tell some of the story, it does not necessarily tell the entire story.
- deleted 2y ago[deleted]