How much money would 20 billion dollars in 1962 be worth today?

To determine the value of $20 billion in 1962 in today's dollars, we can use the cumulative inflation rate. As of 2023, the inflation rate from 1962 to 2023 is approximately 850%. Therefore, $20 billion in 1962 would be worth about $190 billion today, illustrating the significant impact of inflation over the decades.