Birdwatch Note Rating
2024-01-22 14:41:25 UTC - HELPFUL
Rated by Participant: 2B257B737052C4FD6D86D30EFC80E317EBD938B62BB00F52017E9DB8DC39FC71
Participant Details
Original Note:
The post is correct, although the buying power of one dollar in 1938 was significantly higher than it is today. $1 in 1938 would be equivalent to roughly $21.60 in today's dollars, taking into account CPI / inflation. https://www.bls.gov/data/inflation_calculator.htm Regardless, E.G. houses have still increased ~10x in price
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