Wednesday, April 13, 2011

Inflation Tax

If I bought an item for $1 in 1913, the same item
would cost $22.35 in 2011.

An item costing $1 in 2011 would cost only $0.04
in 1913.

Gas prices are not "outrageous", the dollar has been
devalued 95.5%. A gallon of gas costing $3.60 in 2011
would cost only $0.16 in 1913.

http://www.usinflationcalculator.com/

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