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To: nickcarraway

And just imagine what that penny could actually buy in 1865...

7 posted on 06/24/2009 9:44:12 AM PDT by SandWMan (Even if you can't legislate morality, you can legislate morally.)

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To: SandWMan

From measuringworth:

Current data is only available till 2008. In 2008, $0.01 from 1865 is worth:

$0.14 using the Consumer Price Index
$0.12 using the GDP deflator
$1.18 using the unskilled wage
$1.67 using the nominal GDP per capita
$14.44 using the relative share of GDP

13 posted on 06/24/2009 9:51:40 AM PDT by Old Professer (The critic writes with rapier pen, dips it twice, then writes again.)

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