If you didn’t increase your salary by 40% since 2019, you’re now poor.
Where Inflation Has Risen the Most in the U.S. (2019–2025)
Submitted 4 months ago by Innerworld@lemmy.world to economics@lemmy.world
Comments
Lemming6969@lemmy.world 4 months ago
waigl@lemmy.world 4 months ago
For comparison, expected inflation over 6 years, assuming the officially targeted rate of 2% on average, comes out to about 12.62%.
Insurance in particular is something that I really feel like regulators should be looking into because especially during the pandemic, people were driving a lot less, people are in their homes more so there would be less robberies and less catastrophic destruction, but insurance soared.
It was a long time ago now, but my predictions also ended up playing out in the data where they were paying out way less and still cranked up premiums.