The_Patriot
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Actually in the first model, at 3.15 minimum wage, the hamburger would be 11 minutes of work or 18% of his hourly wage, or roughly 5.3 hamburgers an hour.
In the second model the hamburger is worth 8.7 minutes of work or 15% of his hourly wage or 6.8 hamburgers an hour.
So in relative terms even though the price of the hamburger went up, he's actually earning more purchasing power in terms of dollars to hamburgers.
That's fine and dandy, but the inflation calculator shows that his purchasing power went down.