Upon inception it was set at $0.25. It is now $7.25.

  • WhatAmLemmy@lemmy.world
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    1 year ago

    This is if you actually believe CPI is a legitimate measure, despite the cost of all the big ticket expenses like housing, education, and healthcare increasing 5x or more above inflation.

      • TouchTheFuckingFrog@lemmy.world
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        1 year ago

        That’s true, though I can’t say for the US, in the UK, inflation is still ridiculously calculated. Jack Monroe went on a mini crusade about it, because staples like pasta and rice weren’t included, but champagne was.