Trying to gently improve public discourse, I’d suggest that we don’t need to speculate when something is so easy to look up:
https://www.wolframalpha.com/input?i=%24160B+in+2022+convert...
https://www.wolframalpha.com/input?i=%24160B+in+2022+convert...
Meta: (1) Oh, that's cool, using Wolfram to look up inflation data! I'll try to remember that.
(2) "Trying to gently... I'd suggest..." strikes me the same as "With the greatest respect..." Maybe just post the link next time.