Comment on Shitcoin
C8r9VwDUTeY3ZufQRYvq@sopuli.xyz 2 months ago
I don’t get it. Because of inflation?
Yes. Although it’s not factual. It’s more like 30%
Perhaps for people who already own a home, but for those who don’t, it may be closer to being accurate?
No. This is just about purchasing power of the dollar. The amount of assets you own doesn’t factor into this.
The date used is 2013, not 2019, so it’s closer to 50 than 30 at 43%
TragicNotCute@lemmy.world 2 months ago
Yes. Although it’s not factual. It’s more like 30%
OpenStars@discuss.online 2 months ago
Perhaps for people who already own a home, but for those who don’t, it may be closer to being accurate?
TragicNotCute@lemmy.world 2 months ago
No. This is just about purchasing power of the dollar. The amount of assets you own doesn’t factor into this.
DragonTypeWyvern@midwest.social 1 month ago
The date used is 2013, not 2019, so it’s closer to 50 than 30 at 43%