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DJIA Inflation Adjusted
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20131203                Government

Image and text copied on December 3, 2013 from: (no longer active, 2020)

Inflation Adjusted DJIA

"The inflation rate used on the chart is the government CPI number until 1993. Beginning 1994, I have added 2.7% per year to the government CPI number. This should better reflect the true inflation rate since the government number has not been accurate since around 1993. The added 2.7% corrects the geometric weighting formula used by the government to calculate CPI. The government does other adjustments that constitute another 4% reduction in the inflation figure, but I will assume those adjustments are valid. For more information on inflation, see the following articles: " ,"