Considering a PC in the 90s was not the total mainstream-thing it is today, Also i pulled that outta my ass, Don’t actually remember that old prices. BUT my first 3DFX, top of the line was like 500€. “Incredibly expensive” back then. Today you’d get some shitty entry-model for kids for 500€.
That’s not entirely true. You can’t squirrel away 1990’s $2500 and have it worth $6300 today. The more accurate statement would be that because of inflation (and also greedflation), what you once purchased with $2500, now takes $6300. This decrease in purchasing power, most recently, was brought almost entirely by price collusion, corporate greed, and a lack of regulation enforcement.
$2,500 in 1990 is worth $6,369.93 today
Considering a PC in the 90s was not the total mainstream-thing it is today, Also i pulled that outta my ass, Don’t actually remember that old prices. BUT my first 3DFX, top of the line was like 500€. “Incredibly expensive” back then. Today you’d get some shitty entry-model for kids for 500€.
That’s not entirely true. You can’t squirrel away 1990’s $2500 and have it worth $6300 today. The more accurate statement would be that because of inflation (and also greedflation), what you once purchased with $2500, now takes $6300. This decrease in purchasing power, most recently, was brought almost entirely by price collusion, corporate greed, and a lack of regulation enforcement.
However, if you’d invested 2500 in 1990, it would be worth more than 6300.
in an s&p500 index fund, a hell of a lot more.