Rule of 70 is magic. Divide 70 by the inflation rate and you get the years your purchasing power is halved.

For example

-2% is approx 35 years (70/2)

-10% is approx 7 years (70/10)

nostr:note1fta8jsrcts576s0e9z5qcrakemynnt24uc8hcfunzhslkzf6m0vsxusupq

Reply to this note

Please Login to reply.

Discussion

Very cool, thanks!

Validation for your table

Assume 1 = 100% purchasing power today.

Future purchasing power in percent =

1 * (100% - inflation rate in percent ) ^ years.

Solve for years or purchasing power.