Prices have inflated so much over the past 10 years that a $20 bill buys as much as $5 did back then.

  • reddig33@lemmy.worldEnglish
    34·
    29 days ago

    Doubtful, considering money back then was pinned to something like gold or silver.

    Some excellent points in the replies. I withdraw my statement!

    • foggy@lemmy.world
      4·
      30 days ago

      Are you under the impression that this prevented inflation somehow?

      Spoiler: it didn’t.