Footnote- the 2018 prices are no longer valid since inflation has taken off, even worse, in the past two years!!!
Adjustments: $20 in 2022 buys you:
4.4 gallons of gas
4 gallons of milk
4 dozen eggs
etc....
Yes, but I bought $20 dollars worth of US equities in 1932, and that’s worth $287,612.94
(That’s the real calculation, by the way. You can buy a lot of eggs with that. The US economy hasn’t been great if you stuffed paper money in a mattress, but if you have been in this country since the 1930s and you’re not somewhat wealthy, that stuff is on you.)
Thank you traitors FDR and Nixon. 😡😡