RE:RE:2006 - CURE FOR CANCER WORTH 50 TRILLION DOLLARS. Is it any wonder that for months and years now, corporate agents have been on this boards saying, "I'm happy to sell at $2.00 share, not you?... What about $2.10...?"
They must think we TLT longs can't do math.
Anything under $300/share... AMERICAN... Puh- leeease...
If Apple is worth that with their enormous share float...
Better yet, let's see this to becoming a Canadian Pharm-Tech company and get lifetime dividends for ourselves and generations of our families to come.
That's the "QUAHN", baby!
GLTA!
winr88 wrote:
Value of $1 from 2006 to 2022
$1 in 2006 is equivalent in purchasing power to about $1.38 today, an increase of $0.38 over 16 years. The dollar had an average inflation rate of 2.03% per year between 2006 and today, producing a cumulative price increase of 37.87%.
This means that today's prices are 1.38 times higher than average prices since 2006, according to the Bureau of Labor Statistics consumer price index. A dollar today only buys 72.46% of what it could buy back then.
The inflation rate in 2006 was 3.23%. The current year-over-year inflation rate (2021 to 2022) is now 6.81%. If this number holds, $1 today will be equivalent in buying power to $1.07 next year. The current inflation rate page gives more detail on the latest inflation rates.
Based on 50 trillion at plus 38% is 69 Trillion today.