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| What is that $500-$600 worth in today’s dollars? I’m sure all of his expenses are much higher. And I mean everything. Inflation has made it hard on people whose earnings haven’t kept up. He’s not the problem. Combine that with people who absolutely have no idea how to manage their money and you can see how so many young people can’t possibly afford home ownership. By the time they got minimum wage up to fifteen dollars it is worth about 8. | |
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K shaped economy
