3 ms·
I don't understand why losing 98% of value over a 100-year period is supposed to be a pejorative. That implies a very steady, <2% rate of inflation per year, wh
by scilro 13y ago
I don't understand why losing 98% of value over a 100-year period is supposed to be a pejorative. That implies a very steady, <2% rate of inflation per year, which is what allows wages to keep up with inflation.
- coryfklein 13y agoWait, inflation allows wages to keep up with inflation? Care to rephrase that one?