Explore the impact of inflation on the purchasing power of money over decades. Learn how to illustrate the difference between what $100 could buy in 1930 compared to its equivalent in 2021 using an inflation calculator. Discover that while $100 in 1930 could purchase a new car, a home, or months' worth of expenses, the equivalent amount in 2021, approximately $1,517, has reduced purchasing power. Understand the importance of considering inflation when planning for your financial future and long-term savings