Hi steve....inflation during the decade 80 to 90 was av 8%
40k@ 8 %compound =115%
So where are you getting 40k to 120k
03 to 13...inflation averaged 2.8% giving compound growth of around 30%.....I'm fairly certain I understand inflation
I just don't get your 40 k to 120k inflation only rise
You didn't read about inflation in a 2 bob share rag did you
