Garibaldee@lemm.ee to World News@lemmy.mlEnglish · 3 days agoWealth of the World’s Billionaires Has More Than Doubled Over the Past Decadetruthout.orgexternal-linkmessage-square44fedilinkarrow-up1497arrow-down11
arrow-up1496arrow-down1external-linkWealth of the World’s Billionaires Has More Than Doubled Over the Past Decadetruthout.orgGaribaldee@lemm.ee to World News@lemmy.mlEnglish · 3 days agomessage-square44fedilink
minus-squareAmju WolflinkfedilinkEnglisharrow-up5·2 days agoBy definition if inflation doubles and the value of your estate doesn’t change, your actual wealth didn’t change.
minus-squarecurious_dolphin@slrpnk.netlinkfedilinkEnglisharrow-up5·2 days ago your actual wealth didn’t change Actually, it did—it was cut in half.
By definition if inflation doubles and the value of your estate doesn’t change, your actual wealth didn’t change.
Actually, it did—it was cut in half.