Crazy but true stat of the day:
From 1800 to 1940 the annual inflation rate was just 0.2% per year
Prices were just 28% higher in a 140 year time frame
Since 1940 it's 3.7% annually or >2,200% in total
From 1800 to 1940 the annual inflation rate was just 0.2% per year
Prices were just 28% higher in a 140 year time frame
Since 1940 it's 3.7% annually or >2,200% in total