TheImpressiveX@piefed.socialM to movies@piefed.socialEnglish · 3 months ago‘Spider-Man’ Beats ‘Avengers: Endgame’ as ‘Brand New Day’ Climbs to $360 Million, the Biggest Opening Weekend in Box Office Historyvariety.comexternal-linkmessage-square25linkfedilinkarrow-up189arrow-down14
arrow-up185arrow-down1external-link‘Spider-Man’ Beats ‘Avengers: Endgame’ as ‘Brand New Day’ Climbs to $360 Million, the Biggest Opening Weekend in Box Office Historyvariety.comTheImpressiveX@piefed.socialM to movies@piefed.socialEnglish · 3 months agomessage-square25linkfedilink
minus-squareLastYearsIrritant@sopuli.xyzlinkfedilinkEnglisharrow-up5arrow-down1·3 months agoASSUMING your salary goes up with inflation, which is the idea… You bought a house with 2026 money. You’re still paying that same mortgage with 2046 money. 20 years of inflation, but your debt remains the same (as you pay it off) If everything is functioning as intended, inflation encourages debt and spending, which drives the economy.
minus-squareandyburke@fedia.iolinkfedilinkarrow-up7·3 months agoOk, but your assumption is demonstrably untrue on average for about the last 50 years or so.
ASSUMING your salary goes up with inflation, which is the idea…
You bought a house with 2026 money.
You’re still paying that same mortgage with 2046 money.
20 years of inflation, but your debt remains the same (as you pay it off)
If everything is functioning as intended, inflation encourages debt and spending, which drives the economy.
Ok, but your assumption is demonstrably untrue on average for about the last 50 years or so.