Quote:
Originally posted by Soul_Rebel
last year turkey had 25% inflation, so the $100 to $96 is more like $100 to $75
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no it's inflation,,,not deflation.
at 25% inflation it costs $125 for the same item that was $100 last year.
$100/$125 = .8 or 80%
So 25% inflation on $100 last year is worth $80 now.