That is the price. Worth and value are different than price.
If that $8M now buys about the same amount of blueberries or house as $3M in 2007, then it kept pace. Except for paying the capital gains on $5M.
If you're asking about inflation, it is usually measured as an increase in prices.
That is the price. Worth and value are different than price.
If that $8M now buys about the same amount of blueberries or house as $3M in 2007, then it kept pace. Except for paying the capital gains on $5M.