A Boring Dystopia

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Shows how out of control inflation is (lemmy.world)

submitted 10 months ago by STRIKINGdebate2@lemmy.world to c/aboringdystopia@lemmy.world

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[–] lvxferre@lemmy.ml 52 points 10 months ago

1990? Oh I remember it. In Brazil they wouldn't be listing the year though, but the month - hyperinflation was raging on, back then. (I remember the 100 cruzeiro coins. They were cute.)

Anyway. The number doesn't match any pair of prices:

from '90 to '22 (32y): 224%
from '22 to '23 (1y): 162%
from '90 to '23 (33y): 364%

And one detail that they didn't mention is that +100%~200% between the 90s and the 20s is not a big deal, but +60% in a single year is a big fucking deal. That smells artificial as fuck, reinforcing what people have been saying here about not being inflation but price gouging.