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by pojzon 1373 days ago
Wasnt like half of all US dollars printed in last 3 years ?

It feels more like 700$ in 2013 would be worth now 1400$??

1 comments

>Wasnt like half of all US dollars printed in last 3 years ?

No. "Printing Money" is a shortcut term used for many of the measures used by the federal reserve recently, but it's not literally printing money in this case (significantly less than trillion has actually been printed since 2019). Going into the details of the economics of this is a mess, and inflation is absolutely high and causing problems right now, and very likely is higher than official CPI numbers but it's not anywhere near 100% in 3 years. Keep in mind lots of prices dropped in 2020 and were still recovering/suffering in 2021, so that paints a skewed picture vs comparing 2022 to 2019 before covid wrecked things.

> It feels more like 700$ in 2013 would be worth now 1400$??

USD$700 circa 2013 adjusted for inflation is USD$890 in 2022. Feel free to pay more if you feel like it should be more though.