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And that is using the “official” inflation rate … not the M2 rate of change, correct?
People's incomes go up too. Of course if *yours* doesn't oh so sorry to hear that.
as Allen Farrington said on the other app, even the 500% should be mostly unaccounted inflation.
nostr:npub1j4u5gjzjyggr3h96x3gjy4akdgwxuk7mgvumv72gym2qyje7fn5s47d6x9 No posts on Nostr for over a year 😭💀
What if I told the the annualized growth of M2 and the average return of the total market were both about 6% up until COVID. (Remember all the dieing companies are there too, doesn't make since it would always go up.)
