This guy explains how making $30,000 in 1983 is equivalent to making $160,000 in 2025

You started getting it right, then you failed. The root cause is not corporations, the root cause is the government running money printer

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I have a strange feeling old people are gonna blame it all on iPhones, Starbucks, Netflix, and uber eats instead of money printing.

BLS literally has a calculator

To calculate the equivalent buying power of $30,000 from 1983 to today, March 30, 2025, we need to adjust for inflation using the Consumer Price Index (CPI) data. The CPI measures the average change in prices over time for a basket of goods and services. Based on historical CPI data: •The average CPI in 1983 was approximately 99.6. •As of early 2025, assuming inflation trends continue from the most recent data (e.g., 2024 CPI around 314, with a modest increase), we can estimate the CPI in March 2025 to be around 320. This is an approximation since exact 2025 data isn’t available yet. The formula to adjust for inflation is: [ \text{Today’s Value} = \text{Original Amount} \times \left(\frac{\text{CPI Today}}{\text{CPI in 1983}}\right) ] Plugging in the values: [ \text{Today’s Value} = 30,000 \times \left(\frac{320}{99.6}\right) ] [ \text{Today’s Value} = 30,000 \times 3.2129 ] [ \text{Today’s Value} \approx 96,387 ] So, $30,000 in 1983 is approximately equivalent to $96,387 in buying power today, March 30, 2025. This is an estimate, as the exact CPI for 2025 depends on future inflation rates, but it’s based on reasonable projections from available trends.

inflation is cause by an increase in the money supply dumbass

The answer is 86000 not 160000

Here’s your test score: 50% Nice try. Keep working hard.

Blaming the corporations when the federal government is sitting right there printing more and more bills every year is absurd.

I hate videos like this. People don’t understand money and inflation and a bunch watch this and believe that it’s true. Median household income in 1984 was $22,420. Today it’s $80,610. Adjusted for inflation, that $22,420 is $58,930. Income, gdp, all are higher today

Inflation is just an increase in the money supply. The biproducts include each dollar or unit of money being worth less because there are more of them. The pie chart stays the same but every piece gets cut smaller to make room for new ones.