Experimental browser for the Atmosphere
Cumulatively the spending power of a dollar has been reduced by approximately 87.3% since 1971. This aligns with the intuitive understanding that if prices have risen nearly 7-fold, the value of a dollar has shrunk dramatically—today’s dollar buys only about 1/8th of what it could in 1971
May 8, 2025, 8:34 PM
{ "uri": "at://did:plc:qt6jtlxit2qa7vq2tn623kb5/app.bsky.feed.post/3loor62whus2c", "cid": "bafyreidtpvp3wbyvlc5u7ajyp3v677j7fzaxye72t2lpu4afhbmufe7wpi", "value": { "text": "Cumulatively the spending power of a dollar has been reduced by approximately 87.3% since 1971. This aligns with the intuitive understanding that if prices have risen nearly 7-fold, the value of a dollar has shrunk dramatically—today’s dollar buys only about 1/8th of what it could in 1971", "$type": "app.bsky.feed.post", "langs": [ "en" ], "createdAt": "2025-05-08T20:34:50.887Z" } }