Comment on The $20 USD bill is the new 5$ bill
Grail@multiverse.soulism.net 12 hours agoI don’t believe you.
Many inflation metrics are based on a “basket of goods”. Let’s say a basket of goods in 1990 is a month’s rent, a new TV, a month’s groceries, three outfits, some toys for the kids, a digital camera, and a porno magazine.
In 2026, people can barely afford rent and groceries. People aren’t buying a basket of goods. The comparison is flawed.
Scubus@sh.itjust.works 3 hours ago
Yeah, even ignoring that, theres no way that claim is valid. The price of food here has over doubled since 2019. I used to work at a store during that time and got a burrito every single day, after tax it came to $1.03. Now, at the same store, same burrito, it cost $2.46 after tax. My $3 box of snack cakes comes to $5 now, cigarettes have almost trippled, and my rent has almost doubled since i moved here in 2020. Almost everything here is at least twice as expensive as it was in 2019, and my wage has only gone from about $9/h to about $12/h. I even have pictures of price tags from then, once i find them ill upload then/now pictures of the price tags.
BussyCat@lemmy.world 3 hours ago
The price of specific items has doubled
Rent, which has outpaced inflation had a national average of $1149 in 2019 and was $1650 in 2025 in order for average rent to have doubled you have to go all the way back to 2007ish
Instead of tracking a burrito, track how much 1lb of chicken cost or bananas or broccoli
butwhyishischinabook@lemmy.world 1 hour ago
No, instead let’s base our economic reality on pure vibes and the most extreme, specific examples we can personally remember 🙄