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Old 02-05-2013, 05:43 PM   #5
DenverBrit
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Quote:
Originally Posted by Arkie View Post
Percentages alone are misleading. 1% today is bigger than 8% when spending started increasing. Look at the graph and you can visualize it.

You really have to compare % of GDP, not a $ amount for obvious reasons.

For instance, $1 in 1940, is worth $16.43 today.

http://www.dollartimes.com/calculators/inflation.htm

Last edited by DenverBrit; 02-05-2013 at 05:48 PM..
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