Q: While watching a 1970 sitcom, I listened to three people discussing salaries. When one of the characters said he made $30,000, his new girlfriend was ecstatic! I thought to myself, 1970 wasn’t that long ago and that doesn’t strike me as a great salary, even for that time period. So I went online to an inflation calculator website and it said that $30,000 in 1970 would be equivalent to $192,000 in today’s dollars! Wow, is the rate of inflation that great or is that an error? If so, how long before we’re pushing around wheelbarrows of cash, similar to post-WWI Germany just to buy a loaf of bread?