Prices have inflated so much over the past 10 years that a $20 bill buys as much as $5 did back then.
Becoming dependent on fiat currency was one of the dumbest things the boomer generation did to us.
The $20 USD bill is the new 5$ bill
Submitted 11 hours ago by Someonelol@lemmy.dbzer0.com to showerthoughts@lemmy.world
Comments
brooke592@sh.itjust.works 2 hours ago
surewhynotlem@lemmy.world 22 minutes ago
Exactly.
I carry two pounds of gold nuggets in my ass. For emergencies.
butwhyishischinabook@lemmy.world 10 hours ago
Yeah except that’s not even close to true. $5 in December 2015 is worth $6.85 in December 2025 (the most recent data available).
surewhynotlem@lemmy.world 18 minutes ago
That’s just as wrong as OP. You need to use the Subway metric.
Five Dollar Footlongs ended a decade ago. Now they’re 11-17$.
Grail@multiverse.soulism.net 9 hours ago
I 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 1 hour 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.
Vince@lemmy.world 10 hours ago
Looks like you have to go back to 1979 for it to be true
entropicdrift@lemmy.sdf.org 9 hours ago
So they were off by a factor of 2.35 (47 years is 2.35x 20 years)
disregardable@lemmy.zip 11 hours ago
subway footlongs are indeed $20 on the high end in major metro areas.
over_clox@lemmy.world 10 hours ago
Also, make sure to bring your tape measure, shrinkflation is all too real…
Lost_My_Mind@lemmy.world 10 hours ago
Subway argued in court that “Footlong” is a trademarked brand, and does not mean it’s 12 inches. Then they argued that the average consumer would KNOW this, and not be confused by these terms.
Footlong is a subway branded term for their bigger sub. Foot long is a generic term that means one foot long.
Yes, that’s real. I’m not joking. They legitimately did this. Just like Fox News argued in court that their station is NOT a news network. It is an entertainment network, presenting purely opinion based stories. As such, they have ZERO obligation for their stories to contain even a shred of truth or fact to their stories. And “Fox News” is a branded term, not relating to, or presenting factual news reports.
On a related note, would anyone like to buy “Bigger Penis Pills”? I mean, it’s just condensed sugar in tablet form. But I’ve branded it as “Bigger Penis Pills”, and selling it for $100 per pill.
Alcoholicorn@mander.xyz 10 hours ago
What the fuck.
over_clox@lemmy.world 11 hours ago
Gasoline price is about the same and the price of noodles hasn’t gone up much. But the price of rent and weed has skyrocketed, so…
🤷
Lost_My_Mind@lemmy.world 10 hours ago
New plan. Cars that run on noodles!
Wait, gas prices didn’t go up. That makes no sense…
Ok. Houses made out of noodles, and we’ll all smoke gasoline!
ironhydroxide@sh.itjust.works 1 hour ago
The cost of producing gas definitely went up. It’s just subsidized more from everyone’s taxes.
over_clox@lemmy.world 10 hours ago
I think we already all smoke gasoline anyways, it’s called exhaust… ☹️
brooke592@sh.itjust.works 2 hours ago
Legal weed is one of the biggest scams on the planet, along with rent.
db2@lemmy.world 10 hours ago
and the price of noodles hasn’t gone up much
From 8.3 cents per package to 33.3 per seems like a jump that qualifies as “much”. And if you get it on scamazon it’s 62.9 cents per.
This is based off the cost of a 24 pack of Maruchan chicken ramen packets.
brooke592@sh.itjust.works 2 hours ago
I did some research and it looks like the price of maruchan scales exactly with inflation.
over_clox@lemmy.world 10 hours ago
I won’t lie, I haven’t really kept up too much with the price of noodles over the past decades, but I loosely recall them going for somewhere around 18 cents a pack back around 10 years ago.
Yeah, even those numbers don’t sound wallet happy, but hey, at least we don’t have to worry about pennies anymore, so of course everything rounds up right?
Fuck. ☹️
burrito@sh.itjust.works 10 hours ago
Depends on where you live. I can get an ounce of weed, 28g for you people with better measurement systems, for $22-50 and I have a large variety of strains to choose from.
over_clox@lemmy.world 10 hours ago
Thanks homie, but I had to spend my lunch money on tires and rent. At least beer and cigars are still cheaper than a bottle of water here, so… 🤷
jeffw@lemmy.world 11 hours ago
Ye olde halfpence is now a nickel!
- definitely someone a few hundred years ago
HakFoo@lemmy.sdf.org 9 hours ago
During thr gold-standard era, 1GBP was around 5USD, but a halfpenny was 1/480 of a pound, so a little more than a cent. The large-format cents issued up to 1857 were similar in size to the halfpennies of the late 1700s.
reddig33@lemmy.world 11 hours ago
Doubtful, considering money back then was pinned to something like gold or silver.
foggy@lemmy.world 11 hours ago
Are you under the impression that this prevented inflation somehow?
Spoiler: it didn’t.
667@lemmy.radio 11 hours ago
The US went off the gold standard in 1971 and OP is talking about 10 years ago, so 2016.
FunnyUsername@lemmy.world 19 minutes ago
I still dream about 5 for 5.95 Arby’s roast beefs
CluckN@lemmy.world 7 minutes ago
If it’s Arby’s I’m assuming it’s a nightmare?