Inflation == Erosion of money's buying power

来源: miat42 于 2008-07-18 09:47:49 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (214 bytes)
回答: Understanding inflation and home price drop 由 miat42 于 2008-07-18 09:36:00

For example, you can buy much less with today's 1 dollar bill than 1980's 1 dollar bill. For the same apartment unit, you have to pay 1000/month to rent it. In 1980, you just have to pay 500/month or even less.

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