If you’re currently carrying a balance and watching interest charges eat away at your progress, many advisors recommend moving your debt to a 0% intro APR credit card, but there is a problem... What They Don't Tell You.. Although paying zero interest for 12 to 24 months would be a great advantage in getting out of debt, transferring your credit card debt from a high-interest card to a zero-interest card isn't free. Zero-interest credit card companies typically charge from 3 to 5 percent for the privilege of transferring your debt. So let's look at the numbers for a minute. Let's suppose you have $10,000 of debt on a card charging 24% annual interest. That means that every year you are … [Read more...]
February 2026 Inflation Update
The U.S. Bureau of Labor Statistics released its inflation report for February 2026 on March 11th. Big News for our subscribers (at least we're excited about it): We are in the process of a massive update for the site. With all the news coming out of the Middle East, we've updated our Inflation-Adjusted Oil Price History Chart and Historical Oil Prices Tables. We've updated the Historical Steampunk calculator that calculates annual inflation all the way back to 1774, and it is just plain fun to use. We've already updated the Cumulative Inflation Calculator and made the tables easier to navigate. They collapse, so it is easier to scroll past them and continue on with the article. … [Read more...]
Inflation Down In January 2026
The U.S. Bureau of Labor Statistics released its inflation report for January 2026 on February 13th. Big News for our subscribers (at least we're excited about it): We are in the process of a massive update for the site. We've already updated the Cumulative Inflation Calculator and made the tables easier to navigate. They collapse, so it is easier to scroll past them and continue on with the article. They are also searchable, reversible, and just plain easier to read. We've consolidated some pages, so there is less jumping around, and we are adding a table of contents to the page so you don't need to scroll so much, just jump to the right section. We also got rid of a bunch of ads, so … [Read more...]
BLS Inflation Data Delayed
The Bureau of Labor Statistics has delayed the release of its January Inflation report until Friday, the 13th of February, due to the previous government shutdown. … [Read more...]
Updated Cumulative Inflation Calculator
We've updated and modernized our Cumulative Inflation Calculator. We've made it faster and fixed the bugs. It will calculate the total cumulative inflation from any month since January 1913 to any other month up to the most recent CPI release. It will also tell you how much your starting amount would be after experiencing that amount of inflation. We've also updated our "How much would it cost calculator," and added an estimated flat rate inflation calculator both forward and backward. So now you can calculate backward from the current price to estimate how much it would have cost "X" years ago. Check Out our New Updated Calculators Here! … [Read more...]
Inflation-Adjusted Silver Prices
With Silver prices reaching new highs almost daily, one might wonder, how high can silver go? Well, if 1980 is any indication, based on inflation-adjusted prices, it still has a ways to go. Back then, three Hunt brothers decided corner the silver market. Today, JPMorgan is trying to do the same. We've created: Historical Silver Price Chart Historical Silver Price Table Inflation-adjusted Silver Prices tied to the December 2025 CPI index. Read More … [Read more...]
December Inflation Down Slightly, Not Flat
The U.S. Bureau of Labor Statistics released its report for December on January 13th. December's inflation was down slightly when calculated to two decimal places despite the BLS reporting that November and December were both 2.7%. The December 2025 inflation report (released in January) shows that U.S. consumer prices continued to moderate at the end of the year, with the Consumer Price Index (CPI) actually falling on a monthly basis. Key drivers included lower commodity prices, with gasoline down on an annual basis. However, services were still the biggest gainers. December Inflation Summary: The BLS reported Annual Inflation UNCHANGED at 2.7% but when we look at it to 2 decimal … [Read more...]
December 2025 Inflation Report for November
The U.S. Bureau of Labor Statistics released its belated November report on December 18th. December 2025 inflation data reveals moderating inflation. But the FED is easing, which could result in inflationary pressures later in 2026. Calculated to two digits, inflation was 2.74% in November, down from 3.01% in September. There was no October number due to the government shutdown. The December 2025 inflation report shows that U.S. consumer prices continued to moderate at the end of the year, with the Consumer Price Index (CPI) rising modestly compared to the previous year. After months of mixed data and reporting gaps tied to the federal government shutdown, inflation trends appear … [Read more...]
How Deflation Created the Middle Class
Prior to the Industrial Revolution, there was virtually no "Middle Class"; there were the Wealthy and the Poor, with little in between. The poor lived miserable subsistence lives while the wealthy had fine clothes, servants, and good food. You may have been taught that the "Middle class" was the result of Unions or Government policies, but before any of that, there was the Industrial Revolution, which resulted in massive productivity improvements. These new factories needed laborers, and although they paid a pittance compared to today, they still paid much more than you could make as a subsistence farmer. So, a massive migration began, bringing people into the cities to work in the … [Read more...]
October Inflation Numbers Delayed
Although Congress has finally agreed to a Funding Bill to end the Government shut down and on Wednesday, November 12th, President Trump signed the bill, the Bureau of Labor Statistics (BLS) has not yet released the inflation numbers for October, which were scheduled for release on November 13th. In order for the government to reopen, the bill needed 217 ‘yes’ votes. In the end, it was able to secure 222 ‘yes’ votes compared to the 209 ‘no’ votes. Ultimately, Six Democrat senators broke ranks with their party to advance the measure, while two Republicans sided with Democrats in an effort to keep the government shutdown in place. The BLS hasn't said when (if ever) the October numbers … [Read more...]