Inflation is defined as a sustained increase in the general level of prices for goods and services. It is measured as an annual percentage increase. As inflation rises, every dollar you own buys a smaller percentage of a good or service. The value of a dollar does not stay constant when there is inflation.
White Pine County is a county located in the U.S. state of Nevada. As of the 2010 census, the population was 10,030. Its county seat is Ely. It is the home of Great Basin National Park.
Ely is the nearest town to the proposed site of the Clock of the Long Now on Mount Washington. The historic six-story Hotel Nevada is located in downtown Ely. Opened in 1929, it was the tallest building in Nevada well into the 1940s and was the state's first fire-proof building.