Birdwatch Note Rating
2024-01-21 19:14:18 UTC - HELPFUL
Rated by Participant: 8FE87FCDF6C3F1C769083A26327C19D28E715E1B92401AE45E4D047F11CE0A5C
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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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