The Picard Maneuver@piefed.world to Comic Strips@lemmy.worldEnglish · 5 days agoNancy - May 26, 1948media.piefed.worldimagemessage-square17linkfedilinkarrow-up1284arrow-down15
arrow-up1279arrow-down1imageNancy - May 26, 1948media.piefed.worldThe Picard Maneuver@piefed.world to Comic Strips@lemmy.worldEnglish · 5 days agomessage-square17linkfedilink
minus-squarenitroemdash@lemmy.wtflinkfedilinkarrow-up24·5 days agoAccounting for inflation, that’s $7 in today’s money
minus-squarebottleofchips@lemmy.blahaj.zonelinkfedilinkarrow-up8·5 days agoOr in crypto it’s $10,000 $3,000 $-6 $750,000 50¢
minus-squareJohanno@feddit.orglinkfedilinkarrow-up1arrow-down2·4 days agoEhrm how? Inflation would make the money worth less. So for it to be the same worth you need more money. Maybe 7$ at this time is now 50$? Or did I miss a joke?
minus-squarenitroemdash@lemmy.wtflinkfedilinkarrow-up1·4 days agoInflation happens when new money are printed. As there’s more money, each individual cent can buy less real goods. What than could be bought for 50¢, now costs $7.
minus-squareJohanno@feddit.orglinkfedilinkarrow-up2·4 days agoAaahh cents not dollars. My bad. I thought it was 50 dollars in the comic
Accounting for inflation, that’s $7 in today’s money
Or in crypto it’s
$10,000$3,000$-6$750,00050¢Ehrm how?
Inflation would make the money worth less. So for it to be the same worth you need more money.
Maybe 7$ at this time is now 50$?
Or did I miss a joke?
Inflation happens when new money are printed. As there’s more money, each individual cent can buy less real goods. What than could be bought for 50¢, now costs $7.
Aaahh cents not dollars. My bad.
I thought it was 50 dollars in the comic