this post was submitted on 28 Dec 2023
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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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[–] 9point6@lemmy.world 42 points 10 months ago* (last edited 10 months ago) (3 children)

But $72.28 is 364% of $19.83

Where's their number coming from (I get they might be showing percentage increase, but even -100 didn't add up)

[–] superduperenigma@lemmy.world 37 points 10 months ago

Where's their number coming from

Their ass, it's Fox News.

[–] Phen@lemmy.eco.br 8 points 10 months ago (1 children)

Sad thing is that a 364% increase from 1990 to 2023 didn't even feel that big to me. In my country the price probably increased between 1000% and 1500% in this period (considering our local currency). However in USD the same items are probably still cheaper here than they are in America.

[–] 9point6@lemmy.world 1 points 10 months ago* (last edited 10 months ago) (1 children)

So apparently the shop was: 2L milk, 2L orange juice, 2 ready meals, loaf of bread, dryer sheets, toilet paper, washing liquid, cling film, and some toy soldiers

I'm not sure what that would add up to in Brazil (going by your instance), but I'd guess that shop would cost me around £50 in today's money, which is roughly in line with the amount in the OP (and would have probably been close to half that a couple of years ago)

Looks like the amount in the OP concerts to about 350 Real, but I'm not sure what sort of spending power that has

[–] Phen@lemmy.eco.br 2 points 10 months ago

That's about a week of minimum wage. If I'm not too far off in my price estimation I think the same groceries would cost half that much here.

[–] Dmian@lemmy.world 3 points 10 months ago* (last edited 10 months ago)