Wednesday, December 15, 2004

CPI Inflation Calculator

CPI Inflation Calculator: "This is an inflation calculator for adjusting costs from one year"

This web site gives the ability to calculate the inflation of anything by year in the US. If the Barnes endowment was 10 million in 1951 by just matching the 7.077% inflation it would be worth 70.8 million in 2003. Who knows what the real value of the art is but why trust that those charged with the management of it?

If you want to know why you feel like your not earning enough just calculate what you earned as a teenager.

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