What are your thoughts on that? So those same scenarios, I also laid out how much the dollar was worth back then. In 1998, that dollar is now worth 51 cents. The $2014 now is 74 cents. The $2019 worth 80 cents. So, yeah, inflation is a wicked tax and really impacts poor people the most. Rich people, people have their invest in stocks, that kind of stuff, and they can weather the storm. (09:24–09:34)
CLAIM
Asserts the depreciation of the dollar's value from 1998, 2014, and 2019 to present.
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