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A comment on Boston Fed releases report, source code of digital currency prototype study. Parent comment

Re:Boston Fed releases report, source code of digital curren... by pessimizer on Sunday February 06, 2022 @03:18PM (#30236577)
It's hyperbole referring to how much US dollars stored in a mattress 50 years ago would be worth now. If, instead, you earned money from wages and/or invested in stocks/bonds/real estate/comic books, nothing of the sort happened.
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Re:Boston Fed releases report, source code of digital curren... by sgerenser on Sunday February 06, 2022 @04:04PM (#30236983)
Even if “the 70s” means 1970, it’s still not 98%, more like about 86% according to: https://www.usinflationcalculator.com/
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Re:Boston Fed releases report, source code of digital curren... by pessimizer on Sunday February 06, 2022 @05:45PM (#30237825)
That's why I said "hyperbole." I should have said "mild hyperbole," but I didn't bother to look up the actual numbers.
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Re:Boston Fed releases report, source code of digital curren... by CrazyStat on Sunday February 06, 2022 @08:37PM (#30239072)
86% vs. 98% isn't mild hyperbole, in one case the dollar is worth 7x as much as the other case.
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Re:Boston Fed releases report, source code of digital curren... by Supermancho on Monday February 07, 2022 @01:07AM (#30241004)
> 86% vs. 98% isn't mild hyperbole

you're splitting hairs. 7x .02 doesn't change the trend.

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