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
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.