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wrenky | 1 year ago
> Cumulative inflation of 66.3% over the last 20 years (based on CPI, it's probably actually worse).
While this is bad, if you check the cumulative inflation from 1999-2019 where inflation had essentially been "missing" in the 1-2% range the cumulative inflation is 55%. Regardless though looking at inflation numbers is only half the picture, if you look wage growth in the same period, comes out to several percentage points above inflation/price growth. Even with all the big numbers we are doing pretty well!
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