Postage stamps to cost 10 percent more, due to lower-value dollar
The dollar-price for a first-class postage stamp will rise 10 percent next year! That means the dollar will be worth 10 percent less than in stamps. If the dollar is worth 10 percent less, will thou get a 10 percent
The last time inflation was this low, there was a recession
Back in 2006, inflation slowed dramatically to 2.4 percent and was 4.4 percent in 2008. Then a recession hit, and a new administration came to power. Inflation dropped significantly this year and now sits at 4.1 percent, about the level
You made 100 thousand dollar profit, but you’re not wealthier
See the new page about how measuring profits with dollars does not show if you really made a profit. As an example, consider a home sale valued in dollars versus lunches. The goal of making a profit is so you
Updated inflation charts. Inflation at 7.3%.
The annual inflation rate of Federal Reserve Dollars is 7.3%. As you can see in the chart, usually Federal Reserve reduces the inflation rate after a series of high increases, but since 2014, the rate has remained level at about