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Thread: Inflation Gone Wild
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Old 06-10-2024, 08:21 AM
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Quote:
Originally Posted by Shish View Post
It's leveled off at an unsustainable high rate. It needs to be under 2%/year, like it had been previously before all the government spending kicked in. The dollar is now worth only 80 cents over the last 3 years. Those on fixed income (pensions) really have got hurt.
Look at this chart.
Historical Inflation Rates: 1914-2024
I question the dollar worth only 80 cents. IMO that seems way to high? More like 60 cent?