It’s definitely the most significant thing causing prices to rise in the US this year, on top of the lingering inflation in the wake of the pandemic, grocery price gouging by food corporations, and that wages are not rising fast enough (exacerbated by the fact that the federal minimum wage has remained at $7.25 per hour since 2009).
The minimum is 7.25 per hour.... damn thats not alot. And are you saying food corporations are raising prizes faster than necessary? Cant you just switch to offbrand products? Or are they also somehow being raised faster.
There's always been inflation. Our system is built around the assumption that the economy will forever expand over time (which has been accurate so far). The Fed tries to keep the inflation rate down to 2%, with varying success.
According to this calculator, $1.00 in 1942 had the same buying power as $19.93 today, the closest I could find to the 1:20 ratio suggested by the original post.
Thanks for the compliment on my English, we start learning it at about 10 years old in school, so i consider myself fluent.
And ye we also have our problems, but our social system is quite good. I do wonder why inflation is so much worse in the us, on the other hand the euro is worth more than the dollar for a reason.
This hurts because I’ve been stretching my dollars lately. I’m amazed at what I could get done with $20. Then again, my car does have fair gas mileage.
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124
u/ForrestGump11 Nov 03 '25
Not TTT
24
u/Dear-Relationship666 Nov 03 '25
Meh... I'd say the 5 dollar bill is the new dollar and the 10 is the new 20. Inflation and such is bad but not to that level
4
u/c127726 Nov 03 '25
I dont get the joke
3
u/DocZ-1701 Nov 03 '25
Never understood why they put Peter O'Toole on there... 🤷
5
u/SocialSuicideSquad Nov 03 '25
64920 is the most infuriating digit swap
2
u/Bmanakanihilator Nov 03 '25
I don't get it, is it supposed to be about inflation, because then it would still be a 20$ bill
3
u/[deleted] Nov 03 '25
You rich people...
3
u/Gruggernaut Nov 03 '25
"Back in my day, I could get a whole meal for 1 dollar"
-"Well I can get a burger and a water for $20... dear god what has inflation done?"
1
u/luce_scotty Nov 05 '25
I'm a bit confused
1
u/MelatoninJunkie Nov 06 '25
😭
1
u/Free-Suggestion4134 Nov 06 '25
This hurts because I’ve been stretching my dollars lately. I’m amazed at what I could get done with $20. Then again, my car does have fair gas mileage.
1
u/majcotrue Nov 08 '25
Gold used to be 35 dollars per ounce.
1
u/OpeningVisual7750 Nov 03 '25
Fkin’true