Good stuff. Thanks for taking the time to post this. I used property as a real world example for inflation because I believe it to be the most realistic example of something that people actually need and use while also being something that isn't really changed too much by advances in technology (which is why I specifically used a Victorian house in SF as an example in the thread: something that existed in 1913/1914. Had a market value then and has one now). You could use food too but that has changed a lot with tech advances. I agree that its pretty hard to calculate actual inflation specifically but honestly if it has made our "currency" hundreds of times less valuable in 111 years then it is not a very good store of value now is it? END THE FED

Good stuff. Thanks for taking the time to post this. I used property as a real world example for inflation because I believe it to be the most realistic example of something that people actually need and use while also being something that isn't really changed too much by advances in technology (which is why I specifically used a Victorian house in SF as an example in the thread: something that existed in 1913/1914. Had a market value then and has one now). You could use food too but that has changed a lot with tech advances. I agree that its pretty hard to calculate actually inflation specifically but honestly if it has made our "currency" hundreds of times less valuable in 111 years then it isn't a very good store of value now is it? END THE FED

Good stuff. Thanks for taking the time to post this. I used property as a real world example for inflation because I believe it to be the most realistic example of something that people actually need and use while also being something that isn't really changed too much by advances in technology (which is why I specifically used a Victorian house in SF as an example in the thread: something that existed in 1913/1914. Had a market value then and has one now). You could use food too but that has changed a lot with tech advances.