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Real money keeps its value
The World Wide Web | June 29, 2016 | Me

Posted on 06/29/2016 8:36:31 AM PDT by 1raider1

Case in point, I was able to view a menu board from a Dairy Queen sometime not very long after 1955 (I can tell, because it had the dilly bar on it and Dilly Bars were introduced in '55). Anyway, the price of the next to the largest dipped cone is 25¢. Back then quarters were 90 percent silver. Today the melt value of the silver in one of those quarters will buy you the LARGEST dipped cone DQ sells ($3.29, Indiana) and you'll get change back. Current melt value of pre 1964 quarters is $3.32.


TOPICS: Business/Economy; Chit/Chat; Education
KEYWORDS: money; silver

1 posted on 06/29/2016 8:36:32 AM PDT by 1raider1
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To: 1raider1

There’s a similar measure that says a one ounce gold coin could buy a nice hand-tailored suit in 1900 as well as today. (on average)


2 posted on 06/29/2016 8:50:09 AM PDT by Zeppelin (Keep on FReepin' on...)
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To: 1raider1

In 1955 gadoline was $0.20 a gallon, a silver dollar purchased 5 gallons. Today gasoline is $2.50 a gallon that same silver dollar buys almost 6 gallons, but a dollar bill will not buy a half gallon of gas.


3 posted on 06/29/2016 8:50:35 AM PDT by stockpirate (Make America Mexico Again - MAMA end sarcasm)
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To: stockpirate

“Today gasoline is $2.50 a gallon that same silver dollar buys almost 6 gallons, but a dollar bill will not buy a half gallon of gas.”
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That is one interesting comparison, stockpirate. And food for thought as well.


4 posted on 06/29/2016 8:58:42 AM PDT by Paulie (America without Christ is like a Chemistry book without the periodic table.)
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To: 1raider1

Back then a quarter would buy a loaf of bread and it still will.


5 posted on 06/29/2016 9:41:23 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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To: 1raider1

Note to self: Invest in dipped cones.


6 posted on 06/29/2016 9:47:58 AM PDT by Jeff Chandler (Everywhere is freaks and hairies Dykes and fairies, tell me where is sanity?)
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To: 1raider1
Moving phenomenon.

If you'd gone at another time, the amount would be different.

But a +1 for Dilly Bars.

7 posted on 06/29/2016 9:48:33 AM PDT by aMorePerfectUnion (BREAKING.... Vulgarian Resistance begins attack on the GOPe Death Star.....)
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To: Jeff Chandler

good one....lol


8 posted on 06/29/2016 9:49:34 AM PDT by cherry
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To: Jeff Chandler

Have you heard the one about how to make a small fortune? :)


9 posted on 06/29/2016 10:22:24 AM PDT by utax
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To: utax

Have I told you my recipe for poached eggs?


10 posted on 06/29/2016 9:15:26 PM PDT by Jeff Chandler (Everywhere is freaks and hairies Dykes and fairies, tell me where is sanity?)
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