Interesting Unique Sign Of Inflation?

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I remember the first time I ever saw a $100 bill.

It was back in the early 80s, I must have only been 5 or 6 years old.

My parents took my sister and I to a fancy restaurant, and I distinctly remember a man dressed in a dark business suit a few tables over paying his bill with a crisp $100 note.

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He pulled it out of his wallet, slid it onto the table, and walked away.

Inflation

I was dumbfounded. It was more money than I had ever seen in my young life.

None of my friends had ever seen a $100 bill, and I was the big news at school the next day, regaling the whole class with stories of my proximity to such vast wealth.

Of course, back then, a $100 bill truly was a rare sighting because prices were so much lower.

A can of Campbell’s soup was 25 cents. Today it costs 4x as much.

A movie ticket ran about $3.50, according to the National Association of Theater Owners. Today it’s almost to $9.

Gasoline was 86 cents per gallon. Now it’s $2.20, and that’s after a major price collapse.

$100 could practically pay the rent in a lot of places back in the 80s.

That’s obviously no longer the case. Even a mundane trip to the grocery store can easily blow through $100 without feeling unusual.

$100 simply isn’t the awe-inspiring symbol of wealth that it used to be. And that’s because of inflation.

One measure of this trend is the average lifespan of the $100 bill.

As money changes hands during routine transactions, the constant wear and tear eventually starts to break down the paper.

You probably have a few bills in your wallet that look like they’re about to disintegrate.

The more frequently a bill is used, the faster that breakdown occurs.

According to the Federal Reserve, for example, a typical $1 bill lasts for about 5.8 years before becoming so fragile that it gets withdrawn from circulation and destroyed.

A $100 bill, on the other hand, lasts for 15.0 years.

This makes sense given that a $1 bill is used so much more frequently.

But what’s interesting is that, even as late as 2011, the average $100 bill lasted 21.6 years before becoming worn out.

So according to Federal Reserve data, the average lifespan of a $100 bill has fallen by more than 30% over the last several years.

This is primarily due to a significant increase in use, i.e. $100 bills are used more frequently in day-to-day transactions… at the gas station, grocery store, and even coffee shop.

Naturally, this increased use of the $100 bill is because prices are higher than they’ve ever been– you can’t pay the grocery bill anymore with a twenty.

Wages and salaries have also increased over time. But not as fast as living costs.

According to the US Department of Labor, most people are still earning less than they were 17-years ago when adjusted for inflation.

And that’s precisely the point: inflation is a very deliberate and sustained form of theft.

When prices rise faster than income levels, they’re ultimately stealing from your standard of living.

But not just once.

Inflation steals from you month after month, year after year. It never stops.

This has long been a common tactic for financially desperate governments throughout history.

Think about it– if they sent gun-toting police to your house demanding 2% of your wealth, there wo