Someonelol@lemmy.dbzer0.com to Showerthoughts@lemmy.worldEnglish · 29 days agoThe $20 USD bill is the new 5$ billmessage-squaremessage-square59linkfedilinkarrow-up1142arrow-down122file-text
arrow-up1120arrow-down1message-squareThe $20 USD bill is the new 5$ billSomeonelol@lemmy.dbzer0.com to Showerthoughts@lemmy.worldEnglish · 29 days agomessage-square59linkfedilinkfile-text
Prices have inflated so much over the past 10 years that a $20 bill buys as much as $5 did back then.
minus-squarejeffw@lemmy.worldlinkfedilinkarrow-up6arrow-down1·29 days ago Ye olde halfpence is now a nickel! definitely someone a few hundred years ago
minus-squarereddig33@lemmy.worldlinkfedilinkEnglisharrow-up3arrow-down4·edit-229 days agoDoubtful, considering money back then was pinned to something like gold or silver. Some excellent points in the replies. I withdraw my statement!
minus-squarefoggy@lemmy.worldlinkfedilinkarrow-up4·29 days agoAre you under the impression that this prevented inflation somehow? Spoiler: it didn’t.
definitely someone a few hundred years ago
Doubtful, considering money back then was pinned to something like gold or silver.Some excellent points in the replies. I withdraw my statement!
Are you under the impression that this prevented inflation somehow?
Spoiler: it didn’t.