Which is why I'm moving to Germany after I'm done getting my masters. Almost speak it fluently, I will speak it fluently for sure by time I'm done with college.
I meant $70k/each. (upper middle class) Also, to the person who compared it to gum and T-shirts. The prices aren't exactly flat. The objects to make gum/t-shirts could go up/down whatever. Look at cars, houses, appliances, etc. EVERYTHING. Not just some cheap ass pack of gum.
yes, but the end price of cars has remained largely constant over the last 10 years or so. inflation is basically a measure of how much less your money is worth as a function of the goods it can obtain. there has been notable inflation throughout the course of history, but at the end of the day, aside from a few isolated cases, things cost as much as they did when i was born if not less. in 10 year's we'll be ------ed when the latent inflation we have coming really does hit. There's been enough money printed to d------ue it in the last decade or so, it's largely just a matter of the market lagging. ahh the beauty of laissez faire(or at least heavily regulated varieties)
