Quote:
Originally Posted by Lee A Stewart
Agree 100% I never add inflation factor. To complicated for many here. Show them some numbers from 2003 and tell them they aren't equal to todays numbers and either they don't understand, or they argue I'm putting my thumb on the scale.
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I think that
most of us here can grasp the concept of inflation.
When comparing revenue from two different years that are 16 years apart factoring for inflation is essential otherwise the wrong conclusion will be drawn.