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Re:How Far Does $1 from 1999 Go Today? by sgerenser on Monday October 16, 2023 @08:07AM (#37898638)
I think we’ve finally hit the point where compound interest on savings is outpacing inflation (at least in the US). Savings accounts at 5%+ interest are now widely available as long as you avoid the big banks like Chase and BofA. Meanwhile inflation is still elevated, but at least its well below 5%.

OTOH, the prior 10+ years even when inflation wasn’t very high, 1% or so interest rates meant savers were falling farther and farther behind.

Re:How Far Does $1 from 1999 Go Today? by nonethewiser on Monday October 16, 2023 @09:16AM (#37899455)
That’s an interesting point and might end up being true. But inflation vs. savings rates over the past 2 years dwarf that benefit.