this post was submitted on 08 Dec 2024
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Wealth of the World’s Billionaires Has More Than Doubled Over the Past Decade (truthout.org)
submitted 2 weeks ago by Garibaldee@lemm.ee to c/worldnews@lemmy.ml
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[–] amju_wolf@pawb.social 6 points 1 week ago (1 children)

By definition if inflation doubles and the value of your estate doesn't change, your actual wealth didn't change.

[–] curious_dolphin@slrpnk.net 8 points 1 week ago

your actual wealth didn't change

Actually, it did—it was cut in half.