[misja111]

Another thing that many people forget is that while compound interest gives you more money, at the same time inflation makes your money worth less. So what you should really be looking at is the difference between the inflation and the interest rate: the so called 'real interest rate'. Currently in the US, that rate is negative ..

[JBReefer]

I feel like I can't get a handle on the inflation numbers I see. I pay - and the math checks out - roughly the same amount for gas, produce, and essentials. My smartphone is 1/3 the cost it was 10 years ago.

And then housing and health insurance is like 2.5 times higher. It all totals to be the official rate, but man does it feel uneven.