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Re:Why the 2% Inflation Target? (2023) by solumunus on Saturday March 23, 2024 @02:39AM (#39797935)
GDP is a terrible metric to illustrate your point. People have less disposable income because living costs have increased far quicker than wages, it’s really that simple. The majority of adults know this through lived experience, it’s extremely obviously that people are poorer on average than in the 90’s. That you’re having to search for statistics to answer this question reveals something about your living situation.

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