It's clearly not. Think about it: - If you had $100 in 1914, it is worth $3.05 today. Inflation erodes value; amount goes down. - But it is also true that if

It's clearly not. Think about it: - If you had $100 in 1914, it is worth $3.05 today. Inflation erodes value; amount goes down. - But it is also true that if you had $3.05 in 1914 that it is worth $100 today. Inflation sees price rise; amount goes up. - And it is even true that if you had $100 in 1914 that it is worth $100 today. Inflation does not affect face value; amount stays the same.