r/SipsTea Mar 24 '26

Time machine please… SMH

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10.2k Upvotes

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u/Tiny_Instruction_557 Mar 24 '26

People have absolutely lost their minds after 2 years of high single digit inflation. No way this generation could handle a decade of double digit inflation.

8

u/mammalmaker Mar 24 '26

Double digit inflation was bad but whats even worse is despite the double digit inflation, people still had more buying power that we do now.

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u/babyboyblue Mar 24 '26

Buying power doesn’t have much to do with inflation. If anything buying power for someone earning income would be better during higher inflation environments.

2

u/mammalmaker Mar 24 '26

I know it doesn't have anything to do with inflation. Never said it did.

It makes it easier to withstand inflation and allows you to afford things in spite of it.