… if only the most expensive things stayed the same ratio - like mortgage/rent, health insurance, retirement, college. Minimum wage is $7.25, rent costs $1.5k. Got an A in macro, but only a B in micro. I wonder what happened…
Those things have gotten more expensive and I don’t want to sound like I’m arguing just want to say that’s always been a problem with calculating inflation. Like I read about Jesus being betrayed for six preices of silver or something and that far back it’s really hard to say how much that’s “worth” comparable to today.
But I never been to one of those fancy adult schools “snaps suspenders” so what do I know.
… if only the most expensive things stayed the same ratio - like mortgage/rent, health insurance, retirement, college. Minimum wage is $7.25, rent costs $1.5k. Got an A in macro, but only a B in micro. I wonder what happened…
Those things have gotten more expensive and I don’t want to sound like I’m arguing just want to say that’s always been a problem with calculating inflation. Like I read about Jesus being betrayed for six preices of silver or something and that far back it’s really hard to say how much that’s “worth” comparable to today.
But I never been to one of those fancy adult schools “snaps suspenders” so what do I know.
Yeah it’s wild how fucked our economy is.
The divorce of worker productivity from worker pay leading to the huge wealth gap we see today is really bad for everyone but the 1%.