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America's Economic Mood

Discussion in 'Money & Finance Forum' started by wolfpac, Jan 27, 2009.

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  1. Feb 4, 2009 at 2:44 PM #11
    tharan000

    tharan000 Full Access Member

    Posts:
    24,680
    Likes Received:
    1,625
    Joined:
    Jan 30, 2005
    Location:
    Seattle
    Inflation Rates
    2005: 3.4
    2006: 3.2
    2007: 2.8
    2008: (-0.1) projected

    sum: 9.3

    You've lost 9.3% of your money in 4 years by having it sit around in cash. And 2007 and 2008 were good years for inflation.
     
  2. Feb 4, 2009 at 3:06 PM #12
    reb

    reb 1riot1reb

    Posts:
    31,047
    Likes Received:
    1
    Joined:
    Jan 7, 2003
    Location:
    juicy part of the mountains

    I understand.
     
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