[CrazyStat]

>How the USD has lost 98% of its value since the 70s?

By what metric has the USD lost 98% of its value since the 70s?

[pessimizer]

It's hyperbole referring to how much US dollars stored in a mattress 50 years ago would be worth now. If, instead, you earned money from wages and/or invested in stocks/bonds/real estate/comic books, nothing of the sort happened.

[sgerenser]

Even if “the 70s” means 1970, it’s still not 98%, more like about 86% according to: https://www.usinflationcalculator.com/

[pessimizer]

That's why I said "hyperbole." I should have said "mild hyperbole," but I didn't bother to look up the actual numbers.

[CrazyStat]

86% vs. 98% isn't mild hyperbole, in one case the dollar is worth 7x as much as the other case.

[Supermancho]

> 86% vs. 98% isn't mild hyperbole

you're splitting hairs. 7x .02 doesn't change the trend.