Projecting current inflation rates from 2023 to 2073: household income could reach $486,500, cars could cost $352,000, homes could cost $7.7 million, and annual college tuition could reach $213,000.
"let's fast forward from 2023 to 2073 and what's going to happen between now and then because if we project forward now this where things start to get a little bit scary and we apply these same percentages from these numbers to here what does that look like Well let's take a look a 688 increase in household income would mean that household income would grow to $486,500 increase in car prices would mean that now a car would cost you $352,000 1600% increase in median home prices would mean the home prices would grow to 7.7 million and then an additional 2,300 increase in college tuition prices would mean that college prices would grow from $9,300 to $213,000 a year"