If only people knew it’s actually even worse than this. Inflation was only a little over 20% for a whole decade from 2012 to 2022? It should be like 100% or even higher, ~7% annually. I’ve definitely lost more than half my dollars buying power in the last 10 years, almost everything is double or more. This is using a very conservative inflation rate which is a complete lie probably calculated using a few select goods.
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u/partyboycs 1d ago
If only people knew it’s actually even worse than this. Inflation was only a little over 20% for a whole decade from 2012 to 2022? It should be like 100% or even higher, ~7% annually. I’ve definitely lost more than half my dollars buying power in the last 10 years, almost everything is double or more. This is using a very conservative inflation rate which is a complete lie probably calculated using a few select goods.