• @Wilzax@lemmy.world
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    65 months ago

    Inflation has affected our country very differently in different locales. Change in cost of living is the real metric for what inflation is trying to quantify

    • @Dagwood222@lemm.ee
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      55 months ago

      That’s why I stick with real world examples.

      For example, the minimum wage in 1960 was $1.00/hour. The cost of the average home was $11,000.00