A number of fears about teh economy may scare us: inflation, cost of living, recession and depression. But when we look at them in the long term, they are not as terrible as the media may make us think
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When cost of living goes up we feel poorer. However, things we can afford may have been luxury items just a few years or decades ago.
Some things have actually gotten cheaper like comptuers.
Things which were luxuries in the 1950s are now available in discount shops.
Kings in teh middle ages did not have running water, indoor toilets, or hot food.