3 ms·
You gotta account for inflation
by resonantjacket5 10y ago
You gotta account for inflation
- hyperpape 10y agoIt really doesnt make that big of a difference: https://inflationdata.com/Inflation/Consumer_Price_Index/HistoricalCPI.aspx?reloaded=true https://inflationdata.com/Inflation/Consumer_Price_Index/His...
- bkanber 10y agoIn Apple's case, no, because their growth over the last decade is insane. But to be clear that table you posted shows that $1 in 1977 is worth $4.40 today. That is a big difference, mostly cause by the insane inflation of 1979-1981 (around 12% a year for three years). That makes the average inflation rate over the last 40 years 4%, which is double our target of 2%.