Given enough inflation we’ll all be millionaires.
said it before i could
Given enough inflation we’ll all be millionaires.
It is inevitable that at some point inflation will come roaring back.
Being a millionaire today is not the accomplishment it was 50 years ago.
GMTA
Vending machines will have to be reconfigured to accept the new one million dollar coins.
That is a lot of money for picking up trash on the side of the road.
A million bucks ain’t what it used to be.
Using the standard 4% spending rate, your reliable retirement income from $1m is $40K per year.
How does that feel?
>Given enough inflation we’ll all be millionaires.<
I was going to say the same thing. A longshoreman buddy mine told me that the median price for a single family home in Seattle is $750,000. I don’t know if this is accurate or not.
If it isn’t accurate now it soon will be.
Yeah, and a loaf of bread will be seventeen bucks.