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Comment by tdb7893

I think you're too focused on dollar amounts because the value of a dollar is in some ways arbitrary (hence why they can have an inflation target and have that make sense). You can have things practically get cheaper even with inflation. For example, if wages rose 10% in a year but prices rose 2% then in a practical sense things are much cheaper despite having 2% inflation.
parent tdb7893 2 years ago

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