I don't think we get the same goods and services for a $1 now as we did 20 years ago. Do you think that your parents got paid the same as you? You need to look into wage growth and compare it to inflation to make an informed decision who is better off, you or your parents. Since wage growth has outperformed you could argue that we are better off, ceteris paribus.
Also, QE is a bond buying program that was used due to ineffective monetary policy since interest rates couldn't be lowered any longer. Neither monetary policy, not QE dilutes our wealth.
APT Price at posting:
$22.17 Sentiment: Hold Disclosure: Held
