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by bruce343434 926 days ago
Tangent but

> This seems weird as the domain was sold in 2014 for 6.8M USD, which would be around 8.9M USD today taking inflation into account.

Caught my attention, 30% inflation in just 9 years...

1 comments

That's less than 3%/year which seems not so bad considering how so many things were up the past few years.
Considering that the Fed targets 2%/yr that sounds nearly reasonable.
Not so bad!?! If my house value plummeted 30% in nine years that would make me furious.
The “real” value of goods doesn’t change just because the value of currency changes. You’d be much more upset at 30% deflation, which is why there are inflation targets.
Only if your own investments and income went up proportionally.