In the last 35 years, the US dollar has lost 60% of its purchasing power.
https://www.bls.gov/cpi/factsheets/purchasing-power-constant...
https://www.bls.gov/cpi/factsheets/purchasing-power-constant...
Food: you literally die without it.
ChatGPT: nothing of value is lost.
Look at your iPhone and realize that in any desperate situations, the burger and fries gets more and more valuable.
Modest inflation is good because it encourages investment.
Japan suffered fifteen years of deflation starting in the early 1990s. It wasn’t an economy anyone should envy.
I’d estimate it at somewhere in the region of $10–$30, personally.