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Whats the equilivent of 32 million dollars at 1978 inflation rate compare to 2008 inflation rate!?

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Whats the equilivent of 32 million dollars at 1978 inflation rate compare to 2008 inflation rate!?

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  1. Using the Consumer Price Index (which somewhat over-reports the "true" inflation rate), $32 million in 1978 = $108 million in 2008


  2. the 1978 inflation rate was 7.62 and the 2008 inflation rate is 4.6 so...

    32m = 19.7m
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