Birdwatch Note Rating
2023-12-25 06:10:33 UTC - HELPFUL
Rated by Participant: A3850EFE75801652F2303A744C73D67671E3BA65FACE066320C259C5A09EB967
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Original Note:
The dollar's loss of value over time isn't un itself an indicator of how the wealth of the average US citizen has changed. A better indicator is for example the GDP per capita over time adjusted for inflation, that instead increased significantly over the same time window: https://www.investopedia.com/ask/answers/030515/when-do-economists-use-real-gdp-instead-gdp.asp#:~:text=Real%20GDP%20is%20nominal%20GDP,any%20distorting%20effects%20from%20inflation. https://twitter.com/jmhorp/status/1676246776955781122
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