Friday, September 1, 2017

That Seventies Dollar

Mike Brady: I honey. What's for dinner?
Carol Brady: Pork chops and applesauce.
--Peter Brady (The Brady Bunch)

Nice reminder of what happens to purchasing power as money supply goes up.

By this particular account, a 1971 dollar is worth less than 20 cents. Stated differently, That Seventies Dollar has lost over 80% of its value.

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