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Purchasing Power of US Dollar

2 years ago
localgold
Market Watch

Statista’s interactive graph found here: statista allows the calculation of the value of one US dollar from the year 1635 up to 2020. They assert that one dollar in year 1700 was worth approximately 63 times more than in 2020. The data can be used to calculate how much goods and services from the years past would cost today, by multiplying the price from then by the number shown in the graph.

Infographic brought to you by statista.

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