Birdwatch Note Rating
2024-01-21 22:30:47 UTC - NOT_HELPFUL
Rated by Participant: 986ACFB31ED269E80AB497D3DA7D2D0B40BC1E2927FE643B31BDEB16C8597A4A
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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