Garibaldee@lemm.ee to World News@lemmy.mlEnglish · 1 month agoWealth of the World’s Billionaires Has More Than Doubled Over the Past Decadetruthout.orgexternal-linkmessage-square51fedilinkarrow-up1499arrow-down11cross-posted to: news@lemmy.world
arrow-up1498arrow-down1external-linkWealth of the World’s Billionaires Has More Than Doubled Over the Past Decadetruthout.orgGaribaldee@lemm.ee to World News@lemmy.mlEnglish · 1 month agomessage-square51fedilinkcross-posted to: news@lemmy.world
minus-squareAmju WolflinkfedilinkEnglisharrow-up6·1 month 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-up6·1 month 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.