Inflation Calculator

A Web site called “Shadow Government Statistics” offers an inflation calcutor where you can view what a certain amount of dollars was worth in the past. For example, a dollar today is worth around 47 cents back in the year I was born, 1982. One can only imagine the amount of astronomical inflation that will result from the current fiscal policies being practiced by our government and the Federal Reserve. Given the future prospects of the dollar, if I had any money to invest, I’d put it into gold.

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