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carbontech
· 5 weeks ago
· FIRST
Not quite. Saving $5K in 1946 would be as difficult as saving $80K today.
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luger
· 4 weeks ago
So what you’re saying is….. it should hurt MORE?
carbontech
· 4 weeks ago
Not at all. Just putting the commentator's ill-informed and facile observation in the proper perspective that 78 years of inflation demands. Contrary to his ignorant and lazy assertion, it has MOST DEFINITELY AGED during the intervening decades, with $5K representing almost 2 full years of average salary($2600/year) back in 1946 and less than a month's today($62,027/year), in 2024.
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Edited 4 weeks ago