Block, Siteadmin, SkipCaptcha, Upload, Automoderated users, delete, edit, move, nsTeam2RO, nsTeam2RW, nsTeam2_talkRO, nsTeam2_talkRW, protect, rollback, Administrators, template
292,469
edits
Changes
Jump to navigation
Jump to search
Line 64:
Line 64: + + +
→Measures of inflation
The inflation rate is expressed as a percentage increase in average prices over a year. For example, if the cost of the CPI "basket" rises from $100 one year ago to $110 today, the current inflation rate is 10 percent. When the CPI rises, the purchasing power of currency and the value of a worker's labor falls.<ref>
The inflation rate is expressed as a percentage increase in average prices over a year. For example, if the cost of the CPI "basket" rises from $100 one year ago to $110 today, the current inflation rate is 10 percent. When the CPI rises, the purchasing power of currency and the value of a worker's labor falls.<ref>
Wanniski, Jude. "Money and Tax Rates." In Wanniski. The Way the World Works. 1978.</ref>
Wanniski, Jude. "Money and Tax Rates." In Wanniski. The Way the World Works. 1978.</ref>
===M2===
From 2020 to 2022, the money supply (M2) surged 40%, adding nearly $10 trillion. By mid-2025, M2 reached $22 trillion — steadily eroding the [[value]] of [[money]].
==Joeflation==
==Joeflation==