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7 years ago there were no billionaires worth more than $100 billion - today there are 18! (sh.itjust.works)
submitted 2 years ago* (last edited 2 years ago) by to c/aboringdystopia@lemmy.world
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Billionaires 7 years ago:

https://web.archive.org/web/20171004002738/https://www.bloomberg.com/billionaires/

Billionaires today:

https://www.bloomberg.com/billionaires/

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[–] 18 points 2 years ago (3 children)

Is this inflation corrected? Cause an arbitrary line across 7 years of inflation is gonna be crossed....

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  • [–] 6 points 2 years ago*

    No, thats a good point because its not inflation corrected its just an archived page. A dollar in 2017 is worth 1.28 today. So yes, in today's dollars there would have been 4 people above 100 billion in 2017.

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  • [–] 5 points 2 years ago (1 child)

    I don't think we had 250% inflation in the last 7 years

    We certainly didn't have a 250% increase in wages or median wealth in the last 7 years

    They are parasites and criminals

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  • [–] 4 points 2 years ago

    These sorts of stats are misleading and can erode the footing of the argument you are making. Showing the numbers adjusted for inflation is damning enough.

    We've had around 60% inflation over the past seven years, does it explain all their increases? No.

    But not including that information and saying "but number is bigger!" Just makes your argument look weak when it could be statistically sound.

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