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A comment on Banks as Collateral Damage in a Class War. Parent comment

Re:Banks as Collateral Damage in a Class War by jefftk on Wednesday March 22, 2023 @11:42AM (#35262823)
> real income dropping so individuals have much less spending power - which is something that has been happening for most of the population since the late 70s?

This isn't true, though, even if you restrict to the US? Here's inflation-adjusted median individual income: https://fred.stlouisfed.org/series/MEPAINUSA672N It's up 40% since the late 70s.

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Re:Banks as Collateral Damage in a Class War by rybosworld on Wednesday March 22, 2023 @01:15PM (#35264133)
The problem with the Fred reports is that CPI is grossly undercalculated.
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Re:Banks as Collateral Damage in a Class War by jefftk on Wednesday March 22, 2023 @02:22PM (#35265103)
How much do think, say, a 1978 dollar is worth in 2021 dollars? Why?
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