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laurenceOfSuburbia@lemmy.world to memes@lemmy.world · 7 days ago

Inflation really hit different

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Inflation really hit different

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laurenceOfSuburbia@lemmy.world to memes@lemmy.world · 7 days ago
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  • undefinedTruth@lemmy.zip
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    6 days ago

    Not how inflation works. He still is 50 Cent, his value just dropped.

    • Agent641@lemmy.world
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      6 days ago

      Yeah exactly. At birth, his value in today’s money is about $3.10. assuming he is still $0.50, his purchasing power has dropped by more than 80%

    • LifeInMultipleChoice@lemmy.world
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      6 days ago

      Well if you ask a coin collector a coins rarity effects it’s value greatly. Being 50 Cent is the only half dollar stamped with 1975, that explains why he is now worth so much.

      • undefinedTruth@lemmy.zip
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        6 days ago

        Well, yeah, but then you are talking about the non-fungability tied to his distinct features, not his transactional value.

        • LifeInMultipleChoice@lemmy.world
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          6 days ago

          You didn’t think it was cool at all that no half dollars were minted with 1975 on them? Sheesh… I really am a dork

          • swab148@lemmy.dbzer0.com
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            6 days ago

            I thought it was cool, thanks for teaching me an interesting fact!

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