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Thread: The Rise & Fall Of The Dollar 1800 - 2009

  1. #1

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    Now try to imagine what your life might be like if every dollar you had bought you 20 times as much stuff... This is the cost of inflation.
    False analogy. If not for all that inflation, I'd be making a whole lot less money.

    Some figures based on a very brief, cursory look into stats:

    2006 Median Family Income:
    $58,407

    1947 Median Family Income:
    $3,031

    Now lets look at those same years in 2006 dollars - i.e. adjusted for inflation.

    2006 Median Family Income:
    $58,407

    1947 Median Family Income:
    $23,433


    From: http://www.census.gov/hhes/www/incom...inc/f07ar.html


    So, are we still doing worse than in the past?

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