What is a dollar worth and why it changes
A 1913 dollar buys 32 cents today while a 1920 dollar would buy 65 cents and a 1961 dollar 97 cents. The piece explains how the consumer price index shows shifts over base years from 1913 to 1964 Apr and discusses selecting a base year for cost of living comparisons.
MENTIONED IN THIS ARTICLE
U.S
Silk
Inflation base years show vast dollar value swings amid tax talk
A 1964 feature explains how choosing different base years alters inflation figures from 0.9 percent since 1920 to 3.3 percent since 1939, and notes sharp deflation between 1920 and 1922. It urges readers to pick any milestone year to gauge the dollar’s worth and references Marine Pvt. John D. Howell completing recruit training in San Diego.
MENTIONED IN THIS ARTICLE
San Diego
Calif
John D. Howell
Robert W. Johnston
Winnebago St
Marine Corps Recruit Depot
Camp Pendleton
Room For More On Field Trip
There is room for additional persons on the geography field trip to Mexico August 8-30, says Margaret Chew, instructor for the course. The trip offers three credits or audit options with a $497 cost covering transportation, tuition, meals, and lodging. Interested parties should contact Dr. Chew at La Crosse State College by the Saturday deadline.
MENTIONED IN THIS ARTICLE
Mexico
Margaret Chew
Mexico City
Plateau
Monterrey
Ico
Dr. Chew
Department of Geography
la Crosse State College
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