Today I noticed this meme that is circulating on normie social media .
You wouldn't want 90s wages? Would you?
Average annual income in 1990 was only 26,624 $.
How poor, compared to modern times.
Today's average annual income in the US is 62,200 $.
But wait. Let's adjust for inflation.
Average inflation has been 2,63 % since 1990.
This would turn 26,624 $ into 66,100 $.
And that's not the end of the calculation.
The money supply M2 has been rising by 7% per year since 1990.
This would turn 26,624 $ into 283,000 $.
Suddenly buying property doesn't sound that expensive any more.
