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Strathcona, mn | My 5th grade daughter and I had a chat about inflation. In the last 4 years inflation has gone up by 28%. We know that something’s are worse and some better. I showed her that if a person had a net worth of $1,000,000 4 years ago you would need a net worth of $1,280,000 to have the same “value” today. Yes, a lot of people have increased their “net worth” but by devaluing our currency they very well are “worth” less today. | |
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General economy
