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<p>[QUOTE=&quot;beef1020, post: 2915351, member: 24544&quot;]You are simply wrong about this. Inflation is only partially a function of money supply.&nbsp; Think about the civil war period, when supplies of every day items are being used by the army, being destroyed, or not being made due to the shortage of labor.&nbsp; What do you think happened to the price of food?</p><p><br /></p><p><a href="https://www.minneapolisfed.org/community/teaching-aids/cpi-calculator-information/consumer-price-index-1800" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.minneapolisfed.org/community/teaching-aids/cpi-calculator-information/consumer-price-index-1800" rel="nofollow">https://www.minneapolisfed.org/community/teaching-aids/cpi-calculator-information/consumer-price-index-1800</a></p><p><br /></p><p>To the OP, I assume that calculator takes an arithmetic mean of inflation over the time period you put in, then converts the value.&nbsp; It&#039;s a common mistake, but they need to create a logarithmic mean instead.[/QUOTE]</p><p><br /></p>

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