Post #3122529
2024-11-09 13:36 UTC
@smurthys@hachyderm.io @shafik@hachyderm.io
What offsets inflation is greater wages.
https://www.epi.org/blog/average-wages-have-surpassed-inflation-for-12-straight-months/
But
1) it's frustrating to feel like inflation is eating up a promotion you earned (even if it is technically more than inflation) and
2) people don't think in these terms, and just remember "gas used to be $1" and "milk used to be $2.50".
Replies (1)
-
@mattdm@hachyderm.io 2024-11-09 13:38
@smurthys@hachyderm.io @shafik@hachyderm.io Like, this doesn't _feel true_: https://www.usinflationcalculator.com/inflation/milk-prices-adjusted-for-inflation/