SatansMaggotyCumFart@piefed.world to Showerthoughts@lemmy.worldEnglish · edit-221 hours agoPeople who say 'the rich get richer, the lazy live for free, and the middle class pays for it all' don't realize how expensive it is to be poor and how close middle class is to being below the povertymessage-squaremessage-square146fedilinkarrow-up1716arrow-down128
arrow-up1688arrow-down1message-squarePeople who say 'the rich get richer, the lazy live for free, and the middle class pays for it all' don't realize how expensive it is to be poor and how close middle class is to being below the povertySatansMaggotyCumFart@piefed.world to Showerthoughts@lemmy.worldEnglish · edit-221 hours agomessage-square146fedilink
minus-squarePerspectivist@feddit.uklinkfedilinkarrow-up1·5 hours agoI don’t see what’s silly about it. It’s the purchasing power that matters - not the numeric value.
minus-squareDagwoodIII@piefed.sociallinkfedilinkEnglisharrow-up1·4 hours agoThat’s exactly the point I was making.
minus-squarePerspectivist@feddit.uklinkfedilinkarrow-up1·4 hours agoSo it makes sense to adjust prices for inflation because the numeric value itself doesn’t illustrate the purchasing power accurately.
minus-squareDagwoodIII@piefed.sociallinkfedilinkEnglisharrow-up1·4 hours agoThat’s exactly the point I was making.
I don’t see what’s silly about it. It’s the purchasing power that matters - not the numeric value.
That’s exactly the point I was making.
So it makes sense to adjust prices for inflation because the numeric value itself doesn’t illustrate the purchasing power accurately.
That’s exactly the point I was making.