Quickly compared a investment from today to 2020
It was measured in aud$
“Oh, we’re kind of in line with back then”
I said to my wife
But then… boom. What about real inflation?
Oops
Just about the most important thing any investor can look at
In purchasing power it’s down
For sure
Regardless of what government metric tells you otherwise
Once again, I was tripped up by how counter intuitive inflation actually is
Prices going up does not mean value is increasing
It’s in fact the denominator falling
Most people have no idea…
jakewoodhouse / Jake Woodhouse
npub1lt…6k4fh
2024-10-11 08:21:37
Author Public Key
npub1ltz38gwwmmg740r5qlqjn96gth5thv5wmhkwlgqks9lu3485q7jsy6k4fhPublished at
2024-10-11 08:21:37Event JSON
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