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I didn't see any mention of inflation. $79 in 2005 when prime was launched is equivalent to $96 today.
by dustcoin 13y ago
I didn't see any mention of inflation. $79 in 2005 when prime was launched is equivalent to $96 today.
- saosebastiao 13y agoPeople don't feel inflation the way that the CPI states it. The CPI's "basket of goods" is full of things that nobody cares about (like CD-ROMs, VCRs), and it is supposed to apply to the whole country, despite how diverse expenditure types can be (For example, I spend < $200/mo on transportation, but $2500/mo on rent, whereas when I lived in Cleveland it was nearly the opposite).