Birdwatch Note Rating
2024-01-21 19:20:15 UTC - HELPFUL
Rated by Participant: 4068C7FAE3CD39495B47C55CCA0507358B584B04A2487181B61B4D5E70268F8F
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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