July 13, 2022
The Costs of Inflation
Roy W. Spencer
I thought it would be useful to show the cumulative effect of the CPI increases (inflation) on prices, using $100 in the year 2000 as a baseline. Roughly speaking, your salary should have increased by over 75% to cover the increased cost of goods and services since 2000.
I thought it would be useful to show the cumulative effect of the CPI increases (inflation) on prices, using $100 in the year 2000 as a baseline. Roughly speaking, your salary should have increased by over 75% to cover the increased cost of goods and services since 2000.
Posted by: Timothy Birdnow at
10:29 AM
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