To compare inflation by the decade
1%/year = 10%/decade
2%/year = 22%/decade
3%/year = 34%/decade
4%/year = 48%/decade
5%/year = 63%/decade
Inflation Assumption
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George the original one
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@The Dude - I don't think we, as a group, agree on inflation values because we all have different experiences and fears.
I'll propose using 4%/yr as a long-term safety number since we haven't seen anything like multiple years over 4% since the early '80s. Personally, I expect the next couple of years to be under 3% -- at least until we see unemployment come down a couple percent or energy costs climb sharply.
I'll propose using 4%/yr as a long-term safety number since we haven't seen anything like multiple years over 4% since the early '80s. Personally, I expect the next couple of years to be under 3% -- at least until we see unemployment come down a couple percent or energy costs climb sharply.