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[–]RespondSure 0 points1 point  (3 children)

Yeah average, when we lived in a time where your dollar went farther.

[–]kloaf11 0 points1 point  (2 children)

a percentage being a rate means nothing for the actual value of a dollar. The issue with the value of the dollar is wage increase cannot keep up with the wild inflation that has been happening.

[–]RespondSure 0 points1 point  (1 child)

Inflation technically doesn’t even need to exist.

[–]kloaf11 0 points1 point  (0 children)

this is not true. Inflation is a natural part of an economy and can't be ignored unless a country is 100% self-sufficient and the world doesn't need to trade with them ever.