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re: Until Biden schooled us last night, how many of you knew our economy was kicking arse....

Posted on 3/8/24 at 7:47 am to
Posted by Bass Tiger
Member since Oct 2014
46388 posts
Posted on 3/8/24 at 7:47 am to
quote:

My investments are at 24% gain in the last 12 months. That’s outpacing inflation and good enough for me.


Cumulative real inflation over the past 2 years is every bit of 24%.....you might be even with inflation over that period.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
261766 posts
Posted on 3/8/24 at 7:49 am to
quote:


Cumulative real inflation over the past 2 years is every bit of 24%...


Its over 30% since 2020.

Even if his wealth increased over 30%, he watched his purchasing power destroy his take home pay.
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