Upon inception it was set at $0.25. It is now $7.25.

  • WhatAmLemmy@lemmy.world
    link
    fedilink
    English
    arrow-up
    56
    arrow-down
    2
    ·
    edit-2
    9 months ago

    This is if you actually believe CPI is a legitimate measure, despite the cost of all the big ticket expenses like housing, education, and healthcare increasing 5x or more above inflation.

      • TouchTheFuckingFrog@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        9 months ago

        That’s true, though I can’t say for the US, in the UK, inflation is still ridiculously calculated. Jack Monroe went on a mini crusade about it, because staples like pasta and rice weren’t included, but champagne was.