Unless we start negotiating automatic cost of living increases into our contracts, all that figuring coukd be meaningless.
inflation is already eating into our pay scales which with multi year contracts mean we can get seriously behind. The US has never experienced Weimar Republic levels of inflation, but even Carter ea levels coukd devastate a five year contract. And with Yellen pushing for a removal of the debt ceiling it could happen. It’s happening in Venezuela right now:
