this post was submitted on 26 Jan 2024
951 points (96.9% liked)

4chan

4220 readers
136 users here now

Greentexts, memes, everything 4chan.

founded 1 year ago
MODERATORS
 
you are viewing a single comment's thread
view the rest of the comments
[โ€“] [email protected] 15 points 9 months ago (1 children)

We should be comparing purchasing power instead of raw inflation.

[โ€“] Buddahriffic 2 points 9 months ago

Yeah, the numbers in the parent comments of this thread make me wonder how useful those "in today's dollars" conversions are in general. Especially considering entire markets that existed in the 30s don't today (or do but are vastly smaller, like horses would have played a bigger role and shoe shining was a job) and new markets exist today (like the entire tech sector). Is it even meaningful to compare money between those two timeframes without putting it in some specific market context?