Garibaldee@lemm.ee to World News@lemmy.mlEnglish · 2 years agoWealth of the World’s Billionaires Has More Than Doubled Over the Past Decadetruthout.orgexternal-linkmessage-square54fedilinkarrow-up1526arrow-down11cross-posted to: news@lemmy.world
arrow-up1525arrow-down1external-linkWealth of the World’s Billionaires Has More Than Doubled Over the Past Decadetruthout.orgGaribaldee@lemm.ee to World News@lemmy.mlEnglish · 2 years agomessage-square54fedilinkcross-posted to: news@lemmy.world
minus-squareAmju Wolf@pawb.socialcakelinkfedilinkEnglisharrow-up6·2 years 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-up7·2 years 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.