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by api
1415 days ago
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> How did people afford to buy anything back then? Gadgets and appliances were a lot more costly back then but housing, tuition, health care, and food were all quite a bit cheaper. We've had 30+ years of "disinflation" or "in-deflation" which is high inflation in everything you need and deflation in everything else. The common denominator in the things that have inflated is that they're hard to outsource. |
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When I was younger, "imported food" was a novelty because the local in-season food was all you could normally get.
Now it's (hilariously) the opposite.