Viewing a single comment thread. View all comments

gianthooverpig t1_iqw9bv3 wrote

This doesn’t specify whether the prices are adjusted for inflation or not

10

destuctir t1_iqwdtc1 wrote

It’s clearly trying to show inflation

5

gianthooverpig t1_iqwedro wrote

No… there’s a difference between inflation and the relative change in price of something. That’s why some things have gone up more than others.

Inflation accounts for the real value of money, which lessens over time. Your dollar in 2010 is worth less than your dollar in 2022.

12

skloob t1_iqwpncu wrote

I think you meant to say “your dollar in 2010 is worth MORE than your dollar in 2022”

2