Inflation

 

In 1966, a nickel bag of marijuana cost the buyer $5 hence the name nickel bag.  Today, that same nickel bag, about 1/2 to 1 gram, depending upon your location can cost you $25 to $75 depending upon your location as well.

However, in many states' marijuana is legal so the price will vary with the demand.  The more the demand, the higher the price, unless the quantity increases.

In 1966, a dollar had significantly more purchasing power. Adjusted for inflation, $1 in 1966 is equivalent to about $9.92 today. This means that prices have increased nearly tenfold over the years due to inflation.

Prices have increased TENFOLD since 1966 or over a 60 year period of time, and while that seems like a fairly long period of time, it represents 2/3 of an individual's life span.

Therefore, you can guarantee yourself that during your LIFETIME, inflation will increase tenfold.

Historical DATA can sometimes be a bitch but one cannot cloud the truth if one has data.

Now, while inflation could be a problem for you if you don't anticipate this change, a bigger change that is not being talked about to the extent that it needs to be is AI HUMANOID ROBOTS and how they will be replacing a majority of jobs.

Robots and inflation.

PLAN FOR THE WORST

HOPE FOR THE BEST

In so doing you cannot go wrong...