How Does Inflation Impact My Standard Of Living?
Inflation can erode purchasing power. For example, a dollar today cannot buy the same amount of goods and services it could 20 years ago. It will continue to erode purchasing power in the future. Use this calculator to determine the impact inflation may have on your standard of living.
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Check out this calculator from the Bureau of Labor Statistics - the US government department the estimates inflation. It calculates the value of a dollar historically - $100 in 1980 is worth $260 today.
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i NEED A RAISE!
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