Post #4482 by ciao8 on the Berkshire Hathaway board

Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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'Phrased another way, the cash pile suddenly started losing serious value to inflation and the extra interest we earned was merely an incomplete compensation for that.'

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This is an interesting website to see how inflation has decreased your purchasing power over the years. Also can choose your state or country location 'and see why the SF Bay Area is so unaffordable!
A $30K home purchase in 1963 is now inflated 10:1 to $300k on average across the US however now selling for $3M in the Bay Area!

https://www.in2013dollars.com/us/inflation/1963

ciao

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