Submitted by hearsdemons t3_11dsudk in Showerthoughts
Spaceboot1 t1_jac3e3m wrote
I looked up inflation rates according to the Bank of Canada. Looks like $5 in 1990 is worth $10 now. So yes, if you were alive and spending money 33 years ago, in Canada, this shower thought is correct.
Me, in 1990, I was buying five-cent candies and baseball cards.
raff7 t1_jac5ro8 wrote
For the us it would be 1994…
I think people overestimate how much inflation we had the last couple of years, and think prices doubled in a few years.. they didn’t.. they doubled in 30 years.. which is not unusual
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