no I knew that was Obamas economic plan all along
right because now after 100 years the POTUS controls the FED. seriously stop consuming heavy metals, you'll be down to a single digit IQ by the end of the year.
cumulative inflation on the US dollar has been averaging 25% every decade but my guess is your too stupid to know how to calculate that yourself. anybody with a high school education can follow the steps below, you might need a adult to to the math for you. this is from my notes in 2008:
You need to know the CPI for the starting and ending dates. So the CPI index in July 2000 is 172.8 and the CPI index is 219.964 in July 2008. (Note they went to a three decimal place accuracy in between).
The formula is: (end -start)/start
so we have (219.964-172.8)/172.8 =
47.164/172.8= .2729
Now that has to be converted to a percent so we multiply it by 100 to get 27.29% inflation.
Normally, the inflation rate is calculated on an annual basis for example from July 2007 until July 2008. That will give you the amount of inflation in one year. Which is typically called ?The Inflation Rate?.
So from this example we can see how the Consumer Price Index (CPI) is used to calculate the actual inflation rate.
(Current CPI Index - Old CPI Index)/Old CPI Index = Result
(Result x 100) = inflation rate
(678 - 226)/226
(2 x 100) = 200% since 1967