• Lvxferre@lemmy.ml
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    10 months ago

    1990? Oh I remember it. In Brazil they wouldn’t be listing the year though, but the month - hyperinflation was raging on, back then. (I remember the 100 cruzeiro coins. They were cute.)

    Anyway. The number doesn’t match any pair of prices:

    • from '90 to '22 (32y): 224%
    • from '22 to '23 (1y): 162%
    • from '90 to '23 (33y): 364%

    And one detail that they didn’t mention is that +100%~200% between the 90s and the 20s is not a big deal, but +60% in a single year is a big fucking deal. That smells artificial as fuck, reinforcing what people have been saying here about not being inflation but price gouging.