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Ajax on Nostr: Across this basket of 6 consumables, this represents a devaluation of the USD by just ...
Across this basket of 6 consumables, this represents a devaluation of the USD by just over 5½% per year, consistently over 24 years. Interestingly, in gold terms the basket in 2002 was about 1.5 grams of gold, whereas today it's about 0.43 grams.