sunsofold@lemmy.zip to Patient Gamers@sh.itjust.works · 2 months agoSometimes you have to wait a long time for a game to drop in price.lemmy.zipexternal-linkmessage-square15linkfedilinkarrow-up1141arrow-down17file-text
arrow-up1134arrow-down1external-linkSometimes you have to wait a long time for a game to drop in price.lemmy.zipsunsofold@lemmy.zip to Patient Gamers@sh.itjust.works · 2 months agomessage-square15linkfedilinkfile-text
minus-squareRicky Rigatoni@piefed.ziplinkfedilinkEnglisharrow-up30·2 months agoA single income family with two kids could afford a house in 1982. Adjusting for inflation doesn’t mean shit if you don’t factor in actual buying power.
minus-squaremursejoy@lemmy.ziplinkfedilinkarrow-up6·2 months agoThis is exactly the point people miss. A single income family was doing an annual family vacation, buying a house, and owning a car or two. We’ve moved to the average family being dual income to support kids and little to no family vacations.
minus-squarevillage604@adultswim.fanlinkfedilinkEnglisharrow-up4·2 months agoAdjusting for inflation is adjusting for buying power. Inflation is the loss of buying power per unit of currency
A single income family with two kids could afford a house in 1982. Adjusting for inflation doesn’t mean shit if you don’t factor in actual buying power.
This is exactly the point people miss.
A single income family was doing an annual family vacation, buying a house, and owning a car or two.
We’ve moved to the average family being dual income to support kids and little to no family vacations.
Adjusting for inflation is adjusting for buying power.
Inflation is the loss of buying power per unit of currency