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One of the biggest example that comes to my mind for examples of infaltion is minimum wage. Way back when, back in the day, minimum wage was, like, 25 cents. And people could live off of that. They could buy their food clothes and everything else. Now because of inflation, food and clothes along with everything else is more expensive and minimum wage has been increased to $5.25 or something close to that?

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15y ago

What else can I help you with?