1. If your Grandmother gave you $10,000 in the year you were born and you put this money in a bank that earned 1%/year, how much would you have now? 2. Use this Bureau of Labor Statistics on inflation calculator to determine the buying power of of this $10,000 gift in today's dollars. 3. Did you keep up with inflation by putting the $10,000 in the bank? 4. Do you have any comments on these calculations?.