Financial Advisors React to Horrible Inflation Advice
Money Guy Show
00:00
What's the Difference Between Inflation and Wages?
Wages grew by an average of nine point nine % per year, but inflation actually averaged little over 12%. Over that time period, the purchasing power of your dollar was decreasing one dollar. Since april of 20 20 when it began accelerating, s have grown by about seven % per year,. But inflation has risen by about 11 %.
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