Inflation

$300.00 in 1920 had the same buying power as $3,754.37 in 2016.

Honestly, you can not compare inflation rate of world with India's. Each country have their own currency and policies hence different rate of inflation. You could find various different inflation rations for different commodities and then compare them with India's overall inflation rates.

$1,000,000.00 US in 1963 had the same buying power as $7,209,835.53 US in 2011 and $7,780,427.63 US in 2016.

A dollar in 1776 would not be worth anything today. Money that was used at the time of the confederate currency has no monetary value by today's standards. However, some museums or collectors may be willing to purchase them.

basically it contains facts

That depends on what the 10,000 units are. Assuming the amount is 10,000 US Dollars, it would have the same buying power as $79,450 in 2013. Similarly, $10,000 today would have the same buying power as $1,250 in 1959.

Of course it does. Inflation is the devaluing of money over time. It is always displayed as a percentage. For instance, inflation (usually measured as the Consumer Price Index) one year might be 3%. That means that a dollar in the current year would be worth $1.03 the year before. The saying is kind of misleading though. Inflation usually happens so slowly that a single dollar will not be actually worth less after a single day. Take the rate of inflation for the US since 1968, 519%. Divide that by the number of years since 1968 (40), it comes to 12.975%. Divide that by 365... it comes to .03%. So a dollar tomorrow is only worth .03% more than a dollar today if you apply the 40-year historical average (it is actually different because inflation right now is not 12.975%).

While inflation makes one dollar today worth more than a dollar tomorrow, it (inflation) is not the only reason for that. Even if inflation is 0%, a dollar today is still worth more than a dollar tomorrow, for a couple of reasons like

1. if you can buy something today, you can enjoy it (one day) more than if you had bought it the next day

2. by investing a dollar today, you can earn interest, increasing the value of the dollar (in the US, the Fed does manage money supply and interest rates, so there will be some correlation between changes in inflation and changes in interest rates)

3. Perhaps, we will not be able to enjoy the worth of the dollar tomorrow.

Inflation in India can be control by by rising the prices of products which auto maticly decreases the consumption of consumers or the other way is extensive advertisement for minimum utilisation resources.make people aware of what are the effects of inflation and how scarcity of resources affects there future and there children(most of the people work for whole life to make there future childrens secure) so if we emphsize on how inflation affects there future somehow we may control on inflation such as crude oil

If there is a increase in money supply that is causing price to rise money only does one thing. The money that is taking is used for supply.

the effect of black market currency in Nigerian economy

you probably should wait till you've hit a few growth spurts, so maybe 12 bear min. there is no legal age though

Real GDP is Gross Domestic Product (A measure of the value of all things produced as marketable goods and services in a country in a given amount of time, normally a year) adjusted for indepent factors, such as inflation, that alter GDP. When economists compare GDP between years, they may look at real GDP to take a very accurate meausre of growth.

GDP per capita (not GDP percapital, as there is no such thing) is a measure of the average individual's input to the GDP. For example, Venezuela, a country of 29,000,000 in population, had a GDP of approxamately 382 billion USD. Its GDP per capita was therefore 13,200 USD, which means that the average resident of Venezuela contributed 13,200 USD to the GDP of Venezuela. The formula for GDP per capita is

(GDP per capita)=(GDP)/(Population)

Food inflation during General Yakubu Gowon's regime in Nigeria was primarily caused by several factors, including the effects of the Nigerian Civil War (1967-1970), which disrupted agricultural production and supply chains. Additionally, government policies, such as the emphasis on cash crops over food crops, contributed to food scarcity. Economic mismanagement and rising costs of inputs, coupled with inflationary pressures, further exacerbated the situation, leading to increased food prices.

This is very dangerous and should never be tried.

Well, inflation has changed the value of a nickel. In 1935 you could get a loaf of bread or a gallon of milk or gas for five or ten cents, I think.

Inflation

aflation

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24 million

When the phrase 'insatiable appetite' is used to refer to any activity, and we are reasonable confident that it is relevant and applicable to that activity, then we could begin a critical investigation of whether the law applies to it or not. One activity that immediately comes to mind is the longer term quest that scientists, academics, researchers or simply, nerds demonstrate consistently is an 'Insatiable Appetite' for knowledge or information, over a long term. There cannot be any diminishing utility for such persons to the pursuit of knowledge. Pursuit of Knowledge, as an activity therefore presents a situation for some of us, where diminishing marginal utility may not apply. Sabdezar Ilahi

i do

1000 trilllion dollars

with interest...