Historical Inflation
The phrase "letting the inflation genie out of the bottle" is a metaphor for how difficult it can be to manage consumer prices once they become a force in the economy. Use the calculator to get an idea of how much money you would need today to replace the same dollars from previous years.
Inflation-Adjusted Value
$107.12
Total Change
+7.12%
The only inflation level that matters is the inflation you are experiencing. So if you're struggling to keep up, please reach out. If you don't see much of a change, that's great news, but please keep one eye on the genie!
Have A Question About This Topic?
Related Content
Social Media: #NewestBusinessLiabilityRisk
Social media may be a modern imperative for businesses looking to grow and build their brand, but it also introduces risk.
How Cash Apps Work
Peer-to-peer payment apps are one of the newest ways to send money.
How Income Taxes Work
A quick look at how federal income taxes work.