THE EFFECTS OF INFLATION

PERCENTAGE INCREASES

• First class stamp
• Bread
• Television
• Car

EQUATIONS OF INCREASES

• R= (45-3)/3
• R= (1.95-.18)/.18
• R= (300-250)/250
• R= (12000-1500)/1500

INCREASE PERCENTAGES

• First-Class Stamps- 1400%
• Bread- 983%
• Television- 20%
• Car- 700%

In 1999, the price of a car would be about $9750.

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The average income was increased by 800% where the cost of a house increased by 21%. The cost of a house in 1950, is less than the monthly rate for a house payment in 2012.

LIVING COST

• 1950 yearly: $1100
• 1950 monthly: $91.66
• 2012 yearly: $17,200
• 2012 monthly: $1600

In the year 1999, the cost of a house would be about $14000.

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In 2012, the housing cost at the poverty line was $9976. In 1950, the housing cost at the poverty line was at $663.52. That is more than a $9000 difference!

46.2 million people are widely effected by these rapidly increasing inflation prices.

The bills are adding up, debt is growing, and prices of food are too expensive for the poor to pay. Poverty is increasing because jobs are scarce and because of layoffs.