[sourcery]

don't know he got the number but over 14 years that is only 4% without compounding it. Reasonable.

1.52 to the root of 14 is 1.03036 -- in other words, an annual inflation rate of 3.036% over 14 years would accumulate to a 52% increase (ending price level = 1.52 times the base price level).

[Huck]

Thanks. Makes me wonder, as an (obvious) pedestrian when it comes to economics. Is that an acceptable level? Greenspan thought so a few years back. But looked at over time, it seems like a lot.