Quote:
Originally Posted by TopherMins
Steel perpetual is now $109,300. It was $61k when it was released in 2015.
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Yup, isn't it amazing what 6% compounded over 10 years can do?
People today argue about 2% vs 4% inflation completely miss the impact of compounding. 2% inflation raises prices 50% in 20 years, while 4% raises prices 50% in 10 years
