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To: lee martell

1940s dollar hadn’t been inflated away, still “backed” by gold, at least nominally. Based on current gold prices about $40,000. Tough to make comparisons over time - but it’s safe to say $600 was a lot of money back then, for most people.


33 posted on 03/05/2018 7:42:30 PM PST by Freedom4US
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To: Freedom4US
1940s dollar hadn’t been inflated away, still “backed” by gold, at least nominally. Based on current gold prices about $40,000.

Gold was fixed at $35/oz at that point.

600/35=17.14 oz.

Current price, $1337. About $23,000.

63 posted on 03/06/2018 9:39:44 AM PST by Toddsterpatriot (TANSTAAFL)
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