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actually it takes about 5 dollars to buy ONE 1964 quarter and it has nothing to do with rarity. (you can find tons of 1965 quarters).
If that doesn't show you that a dollar is not worth a lot less than I don't know what will.
I will repeat it will take 5 dollar bills, to buy you ONE 1964 or earlier silver quarter.
It will also take you roughly 2 dollar bills to buy you ONE 1964 or earlier silver dime.
When everything goes up in price its obvious that it's not all the goods costing more, it that the dollar is worth less.
The OP doesn't seem to care. He's still working on counting to 100 with his pennies to see what a dollar is "worth".
Amazingly enough, a centimeter is worth the exact same amount! Amazing, isn't it?
The OP doesn't seem to care. He's still working on counting to 100 with his pennies to see what a dollar is "worth".
A dollar is still worth a dollar today as it did 50 years ago ... but you can not buy
the same thing today as you did 20-30 years ago because the price
of everything has gone up and up every year in cost.
The value of all items has changed ( usually going higher )
but the dollar is still worth a dollar.
Example:
A house in 2006 costing $300,000.00 dollars is only selling
between $ 175,000.00 - $ 200,000.00 dollars today.
The value of the same house has come way down in value,
but the house only cost a lesser amount of $ 1.00 dollar bills.
The house is worth less not the dollar which has the same value ! ! !
.
A dollar is still worth a dollar today as it did 50 years ago ... but you can not buy
the same thing today as you did 20-30 years ago because the price
of everything has gone up and up every year in cost.
The value of all items has changed ( usually going higher )
but the dollar is still worth a dollar.
Example:
A house in 2006 costing $300,000.00 dollars is only selling
between $ 175,000.00 - $ 200,000.00 dollars today.
The value of the same house has come way down in value,
but the house only cost a lesser amount of $ 1.00 dollar bills.
The house is worth less not the dollar which has the same value ! ! !
.
Just the opposite. prices are about the same,it just takes more dollars to buy them. thats why an ounce of gold can still buy around the same basket of goods it did 100 years ago.
that .25 cent slice of pizza we had when i was a kid is still worth .25 cents. it just takes more money to buy that .25 cent slice because the dollar depreciated.
if you measured against another currency the results may be totally different.
Last edited by mathjak107; 07-07-2012 at 04:41 PM..
A dollar is still worth a dollar today as it did 50 years ago ... but you can not buy
the same thing today as you did 20-30 years ago because the price
of everything has gone up and up every year in cost.
The value of all items has changed ( usually going higher )
but the dollar is still worth a dollar.
Example:
A house in 2006 costing $300,000.00 dollars is only selling
between $ 175,000.00 - $ 200,000.00 dollars today.
The value of the same house has come way down in value,
but the house only cost a lesser amount of $ 1.00 dollar bills.
The house is worth less not the dollar which has the same value ! ! !
.
Okay. This is total gibberish. The temporary fluctuation in house prices has nothing to do with it. Across the board prices are rising for just about every possible item and have been since the Federal Reserve began operations a century ago. In the 120 years before the Federal Reserve, the purchasing power of the dollar increased approximately 25%. Since the Federal Reserve, the purchasing power of the dollar has diminished by roughly 95%. This should represent an obvious lesson for enlightened students of economic policy.
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... Eve ip it'is spealled wrighten ... yas stille aint geten da ponte. 
