"The Simon Project is happy to announce the release of The Simon Abundance Index 2020. This year’s Index covers the period between 1980 and 2019.
The main findings of the report are as follows:
Between 1980 and 2019, the average time price of 50 basic commodities fell by 74.2 percent.
That means that for the same length of time that a person needed to work to earn enough money to buy one unit in our basket of 50 commodities in 1980, he or she could buy 3.87 units in 2019....Read all!
That means that for the same length of time that a person needed to work to earn enough money to buy one unit in our basket of 50 commodities in 1980, he or she could buy 3.87 units in 2019....Read all!
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