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To: SeekAndFind

The rule of 70 dictates how long it will take for inflation to halve the value of a dollar.

Simply divide 70 by your expected rate of inflation
mulitiplied by years Obama is in office.


7 posted on 03/11/2013 9:21:19 AM PDT by TurboZamboni (Looting the future to bribe the present)
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To: TurboZamboni

RE: Simply divide 70 by your expected rate of inflation
mulitiplied by years Obama is in office.

The question is this -— Should we believe the official CPI? If you can’t determine the real inflation rate, then yo can’t compute accurately. Garbage in, garbage out.


10 posted on 03/11/2013 9:51:33 AM PDT by SeekAndFind
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