Someonelol@lemmy.dbzer0.com to Showerthoughts@lemmy.worldEnglish · 18 hours agoThe $20 USD bill is the new 5$ billmessage-squaremessage-square87fedilinkarrow-up1171arrow-down131file-text
arrow-up1140arrow-down1message-squareThe $20 USD bill is the new 5$ billSomeonelol@lemmy.dbzer0.com to Showerthoughts@lemmy.worldEnglish · 18 hours agomessage-square87fedilinkfile-text
Prices have inflated so much over the past 10 years that a $20 bill buys as much as $5 did back then.
minus-squarebooly@sh.itjust.workslinkfedilinkarrow-up3·3 hours ago$5 in April 1980 dollars is the inflation adjusted equivalent of $20 in December 2025: https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=5.00&year1=198004&year2=202512
minus-squareGonzako@lemmy.worldlinkfedilinkarrow-up1·40 minutes agoThese feel kinda strange. How do they get calculated? Like while a dollar is less over time yes how well does it take into account that everything has just gotten better at extranting wealth?
$5 in April 1980 dollars is the inflation adjusted equivalent of $20 in December 2025:
https://data.bls.gov/cgi-bin/cpicalc.pl?cost1=5.00&year1=198004&year2=202512
These feel kinda strange. How do they get calculated? Like while a dollar is less over time yes how well does it take into account that everything has just gotten better at extranting wealth?