Show me the inflation of $ USD,
starting from , through
I'm not an economist, nor have I had any training in economics, and
precious little in mathematics. I made this thing by way of experimenting
with the Google Chart API at
a moment when I was suddenly curious about what inflation does to the value of
money. Usually inflation is simply expressed as a percentage, which is fine
as a matter of theory but which I have trouble thinking about in terms of the
dollar figures it amounts to. The data is from here.
Terms like "value" and "worth" are probably used incorrectly. Sorry. Like
I said, I'm not an economist. The main principle I've been able to extract
from this exercise is that inflation's impact on monetary value follows the
same principles as compound interest -- hence the acceleration effect you'll
see if you expand the date ranges.