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by kvuj 67 days ago
For me it's the opposite. I am a bit surprised that inflation halved buying power since 2000.

In my mind those level of interest usually come from the stock market or house appreciation, but I guess those are much faster (I seem to recall doubling every 8 years in the stock market and housing being a bit slower).

5 comments

Rule of 72. For costs to double in 26 years, that means inflation was about 2.7-2.8%, which is pretty much where it’s supposed to be.
It would be useful if you explain how you calculate it. I mean, if you just apply a decaying exponential function, anyone can do that on their calculator.
I think the more interesting thing to chew on is how this will look over the next 25 years. The numbers will be... huge. 75k salary in 2000 is similar to 150k salary in 2026, project that out to 2050...

Something feels like it'll give out, but I've felt that way for 8 years at this point and I haven't been correct.

DCA and pray I suppose.

edit: a word

SimCity, Starcraft, etc. taught me the value of saving up. But after some decades in the real world, I think computer games should simulate inflation so youth can get some practice at this!
> I am a bit surprised that inflation halved buying power since 2000.

It's a bit more than I expected but a 2% drop 26 times gets pretty close to halving.

The number on the page suggests 2.5% average inflation.