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07 Mar 09 - 12:30 PM (#2583335) Subject: BS: $135,000 in 1910 From: fat B****rd Could somebody help me here, please. I need to know how much $135,000 in 1910 would be worth now. It's for a presentation I'm giving about the Johnson-Jeffries fight on July 4th of that year. Thank you |
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07 Mar 09 - 12:34 PM (#2583336) Subject: RE: BS: $135,000 in 1910 From: pdq roughly $3 million |
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07 Mar 09 - 01:13 PM (#2583356) Subject: RE: BS: $135,000 in 1910 From: John MacKenzie Prices 1910 At Thornburg's children's underwear is 20 cents each, a man's shirt is 95 cents, a work shirt is 38 cents and a suit is $30. A five-room "cottage" at Seventh and L is $1,500. Work it out. |
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07 Mar 09 - 02:18 PM (#2583390) Subject: RE: BS: $135,000 in 1910 From: gnu Well... three (or more) ways to do it.... rate of inflation or rate of investment rate of real growth. Depends on how you wish to portray the results. Figures don't lie... but... liars figure. |
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07 Mar 09 - 03:07 PM (#2583408) Subject: RE: BS: $135,000 in 1910 From: Leadfingers The Johnson-Jeffries fight ? Thats the one mentioned in the first verse of Sylvester - My Brother Sylveste . http://mudcat.org/@displaysong.cfm?SongID=4099 |
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07 Mar 09 - 03:13 PM (#2583411) Subject: RE: BS: $135,000 in 1910 From: Peace In 1928, a twenty dollar bill would buy you an ounce of gold. $135,000 / 20 = 6750. OR, you could have bought 6750 ounces of gold. At today's prices that would translate to about 6 1/2 million dollars; with gold near $900/oz. So, who really knows. However, it's one heckuva lotta cash then and in my world, it's one heckuva lotta cash now. |
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07 Mar 09 - 03:13 PM (#2583412) Subject: RE: BS: $135,000 in 1910 From: Ebbie Year Amount it took to equal $1 in 1913 1913 $1.00 1920 2.02 1925 1.77 1930 1.69 1935 1.38 1940 1.41 1945 $1.82 1950 2.43 1955 2.71 1960 2.99 1965 3.18 1970 3.92 1975 $5.43 1980 8.32 1985 10.87 1990 13.20 1995 15.39 2000 17.39 2001 $17.89 2002 18.17 2003 18.59 2004 19.08 2005 19.73 2006 20.18 2007 20.94 2008 21.57 Source: Bureau of Labor Statistics. Web: http://stats.bls.gov/ The Shrinking Dollar http://www.infoplease.com/ipa/A0001519.html |
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07 Mar 09 - 07:27 PM (#2583584) Subject: RE: BS: $135,000 in 1910 From: MarkS 2010 $ 59.32 Just read that our treasury has already increased the money supply by about 250%. Can't vouch for the accuracy of the source, and can't assume a linear relationship between money supply and inflation, but it sure is a source of worry. |
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07 Mar 09 - 08:44 PM (#2583615) Subject: RE: BS: $135,000 in 1910 From: Joe_F As long as the Japanese & Chinese keep turning over their T-bills, nothing to worry about. |
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07 Mar 09 - 09:14 PM (#2583627) Subject: RE: BS: $135,000 in 1910 From: MarkS And we all have lots of kids and grandkids to make the interest payments. |
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08 Mar 09 - 06:59 AM (#2583759) Subject: RE: BS: $135,000 in 1910 From: fat B****rd That'll do nicely. 3 million dollars (approx) will grab the attention of my audlence, I hope. Thank you all for taking the trouble. ATB from Charlie. Bruce. I've got another possible piece if 'Creative Writing' for you. |
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08 Mar 09 - 03:13 PM (#2584004) Subject: RE: BS: $135,000 in 1910 From: Peace Thanks, fB. I love your writing as you know and will look forward to receiving it. Trust you are well, buddy. |