Re:Purchasing power of one US dollar in every year from 1635...
by reedjosh on Thursday June 10, 2021 @12:16PM
(#27462396)
And what of wages that don't increase along with the standard of living?
The only reason we feel like our standard of living is okay right now is that the economy has grown substantially over the past few hundred years, but our (being peasants) share of it has decreased dramatically.
The only reason we feel like our standard of living is okay right now is that the economy has grown substantially over the past few hundred years, but our (being peasants) share of it has decreased dramatically.