• @[email protected]
    link
    fedilink
    81 year ago

    Inflation has affected our country very differently in different locales. Change in cost of living is the real metric for what inflation is trying to quantify

    • @[email protected]
      link
      fedilink
      61 year ago

      That’s why I stick with real world examples.

      For example, the minimum wage in 1960 was $1.00/hour. The cost of the average home was $11,000.00