Hess & Smith

Tax & Financial Services for
Individuals & Small Businesses

126 Belvidere Avenue Washington, New Jersey 07882
(908) 835-0804

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The phrase "letting the inflation genie out of the bottle" is a metaphor for how difficult it can be to manage consumer prices once they become a force in the economy. Use the calculator to get an idea of how much money you would need today to replace the same dollars from previous years.

$0$100,000,000

Inflation-Adjusted Value

$107.12
Total Change
+7.12%

The only inflation level that matters is the inflation you are experiencing. So if you're struggling to keep up, please reach out. If you don't see much of a change, that's great news, but please keep one eye on the genie!

 

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