- Mexico Inflation Rate Hits Highest Level in Over 16 Years -
**Daniel H***October 4, 2017, 3:03 am* - Re: Mexico Inflation Rate Hits Highest Level in Over 16 Years -
**Scott***October 4, 2017, 2:58 pm*

Posted by Daniel H on October 4, 2017, 3:03 am

https://tradingeconomics.com/mexico/inflation-cpi
7% inflation is exponential in 10 years i.e prices would double. "A quantity grows exponentially when its increase is proportional to what is already there. A common example is compound interest, where $100 invested at 7% per year annual compound interest will double in 10 years! Exponential growth applies to populations, too -- if a population grows at 7% per year, it, too, will double in 10 years." http://www.ecofuture.org/pop/facts/exponential70.html Of course inflation would have to stay at 7% for the entire 10 years for it to be exponential. But it also means an inflation rate of 14% is exponential in 5 years. |

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