next yr your boss will give u a raise of 10%. At the same time inflation is 20%. What is ur real gain/loss?

around 9.1% purchasing power.

real loss

The raise of 10% is on your salary is a definite amount (a real concrete amount x 10%). On the other hand, inflation is an economic index to track price increase on goods sold to all Americans, not just to you. Therefore, you cannot make comparison in real dollars and cents to arrive at real gain/loss. However, your increased salary will have less purchasing power in comparison to the previous period.

l do not know but the government seem to be setting us up for this type of crap that the economy is going though right now..Pass a law that makes employers and banks keep up with the inflation l mean banks interest rate do not be that high and employers do not raise your pay that high. Fishy stuff going on here with the government anyway Take Care