the name "McKinley"
St John
"jus' keepin' the blues alive"......!!!!
myself?...I'd just as soon have a coupla "McKinleys" in my wallet at this time.....
anybody else?
thanx you very much.......
~the DEFROSTERZ blues band~
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Chuck Winans
Thus, any $500 bill in my wallet wouldn't be worth the paper it's printed on!
Chuck Winans
Chicago, Illinois
Ryan Hartt
Ryan
> Date: Tue, 13 May 2008 11:20:13 -0700
> From: defro...@yahoo.com
> Subject: the name "McKinley"
> To: BLU...@LISTS.NETSPACE.ORG
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Jef Jaisun
>even though the $500 bill hasn't been printed since 1945 and
>circulation of the same was discontinued by executive order of Richard
>Nixon in 1969, as a means of combating organized crime.
>
> Thus, any $500 bill in my wallet wouldn't be worth the paper it's
printed on!
Well, you're almost correct, $500 in 1945 dollars is worth about 50
cents today. If you did have a 1945 McKinley, it'd still
theoretically be worth face value, but probably worth more as a
collectors item.
Jef
Patrick Hertel
truth.
Patrick Hertel
Current data is only available till 2007. In 2007, $500.00 from 1945 is
worth:
$5,759.50 using the Consumer Price Index
$4,790.74 using the GDP deflator
$10,495.63 using the value of consumer bundle *
$10,055.35 using the unskilled wage *
$14,374.84 using the nominal GDP per capita
$31,020.39 using the relative share of GDP
Jef Jaisun
>I once held a Salmon B. Chase currency bill in my hand and it was real!
>
>Scared the crap out of me to know that one piece of paper was worth
>that much real money.
>
>Needless to say, it is not in issue any longer . . .
Yeah...now that Salmon is an Endangered Species... ;)
Ricky Stevens
Ricky Stevens
Arkabutla, Mississippi
> Date: Thu, 15 May 2008 18:21:37 -0400
> From: bloo...@teksavvy.com
> Current data is only available till 2007. In 2007, $500.00 from 1945 is
> worth:
> $5,759.50 using the Consumer Price Index
> $4,790.74 using the GDP deflator
> $10,495.63 using the value of consumer bundle *
> $10,055.35 using the unskilled wage *
> $14,374.84 using the nominal GDP per capita
> $31,020.39 using the relative share of GDP
>
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Jef Jaisun
>Current data is only available till 2007. In 2007, $500.00 from 1945 is
>worth:
> $5,759.50 using the Consumer Price Index
> $4,790.74 using the GDP deflator
> $10,495.63 using the value of consumer bundle *
> $10,055.35 using the unskilled wage *
> $14,374.84 using the nominal GDP per capita
> $31,020.39 using the relative share of GDP
Naw, that's backwards! What it really means is it would take
$5,759.50 in 2007 to buy what $500 dollars would buy back in 1945. If
you still had that $500 bill, it would only buy you $57.59 worth of
what you could buy with it in 1945. Or, to put it in 2008 terms,
about half a tank of gas. ;)
If you use the $31K GDP figure, the $500 would only buy you 1/62 of
it's original value. About $8. Er, I mean, two gallons of gas.
Jef