• AudaciousArmadillo@piefed.blahaj.zone
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    2 days ago

    Meaningless on its own. You need to compare it to something, say wage increases to have a point. Otherwise it’s only relevant for people hoarding cash and those not familiar with exponential growth/decay in math.

    • GodlessCommie@lemmy.worldOPM
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      1 day ago

      Its compared to our buying power, which has diminished from a case of candy to a Halloween size bag of Gummies

      • AudaciousArmadillo@piefed.blahaj.zone
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        1 day ago

        No. Your wages have increased as well, so in 1900 you’d be very very wealthy. That is how inflation works. As a worker you should be interested in your buying power per hour of labor. Not the buying power of a currency.

        • Brainsploosh@lemmy.world
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          1 day ago

          I’m guessing you’re more than welcome linking the data you’re looking for, or if it’s not readily available, compiling it and posting your own infographic.

          You come off quite entitled demanding the op also provide any data you could conceivably want to compare it to.