Comment on 7 years ago there were no billionaires worth more than $100 billion - today there are 18!

Brosplosion@lemm.ee ⁨5⁩ ⁨weeks⁩ ago

• LaLuzDelSol@lemmy.world ⁨5⁩ ⁨weeks⁩ ago

  A dollar in 2017 is worth 1.28 today. So yes, in today’s dollars there would have been 4 people above 100 billion in 2017.

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• itslilith@lemmy.blahaj.zone ⁨5⁩ ⁨weeks⁩ ago

  I don’t think we had 250% inflation in the last 7 years

  We certainly didn’t have a 250% increase in wages or median wealth in the last 7 years

  They are parasites and criminals

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  • Brosplosion@lemm.ee ⁨5⁩ ⁨weeks⁩ ago

    These sorts of stats are misleading and can erode the footing of the argument you are making. Showing the numbers adjusted for inflation is damning enough.

    We’ve had around 60% inflation over the past seven years, does it explain all their increases? No.

    But not including that information and saying “but number is bigger!” Just makes your argument look weak when it could be statistically sound.

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