this post was submitted on 22 May 2026
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That's not entirely true. You can't squirrel away 1990's $2500 and have it worth $6300 today. The more accurate statement would be that because of inflation (and also greedflation), what you once purchased with $2500, now takes $6300. This decrease in purchasing power, most recently, was brought almost entirely by price collusion, corporate greed, and a lack of regulation enforcement.
However, if you'd invested 2500 in 1990, it would be worth more than 6300.
in an s&p500 index fund, a hell of a lot more.