LadyButterfly she/her@piefed.blahaj.zone to Political Memes@lemmy.worldEnglish · 1 day agoTruepiefed.cdn.blahaj.zoneimagemessage-square69fedilinkarrow-up1696arrow-down19
arrow-up1687arrow-down1imageTruepiefed.cdn.blahaj.zoneLadyButterfly she/her@piefed.blahaj.zone to Political Memes@lemmy.worldEnglish · 1 day agomessage-square69fedilink
minus-squarelemming741@lemmy.worldlinkfedilinkEnglisharrow-up15arrow-down4·edit-216 hours agoThis is inflation
minus-squareBgugi@lemmy.worldlinkfedilinkarrow-up7arrow-down1·15 hours agoOP’s post has a sell date in 2023, your graph includes gold’s meteoric 2-year doubling after that, in 2023-2025. The price of gold (like so many assets) is so far removed from any realistic measure of value as to be meaningless.
minus-squarejust_an_average_joe@lemmy.dbzer0.comlinkfedilinkEnglisharrow-up5·15 hours agoNo it isn’t. You gotta compare against 2023 not 2025.
minus-squareRekorse@sh.itjust.workslinkfedilinkarrow-up1·15 hours agoI wonder if prices go up as there are less and less people to take advantage of to create the low prices we used to have in the west. The world is modernizing and doesnt need to depend on abusive benefactors as much as it used to.
This is inflation
OP’s post has a sell date in 2023, your graph includes gold’s meteoric 2-year doubling after that, in 2023-2025.
The price of gold (like so many assets) is so far removed from any realistic measure of value as to be meaningless.
No it isn’t. You gotta compare against 2023 not 2025.
I wonder if prices go up as there are less and less people to take advantage of to create the low prices we used to have in the west. The world is modernizing and doesnt need to depend on abusive benefactors as much as it used to.