How much a dollar used to get you !

[AllYouCanDo]

http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/09/20140913_w1usd.jpg

It's all about inflation. Can we say something like that about BTC in couple of hundreds years?

[Jesu]

That's interesting and all but what does it have to do with bitcoin?  It is alarming how much value the dollar has lost though and people dont realize it.

[gigEls]

Nice graph. It would be nice to compare prices to average salaries and see how those compare.

[jaberwock]

Watch some western movies first, then climb your way up int time with other old movies until you get where you know for experience.

That way you will to get some insight about prices


I remember the wage of a high paid Federal Judge in some Clint Eastwood movie was $200. And people could survive with only $20/month. Also in the 50's a coffe used to cost cents(I remember from the Edie Wood movie, if i'm not wrong)

[zimmah]

Hershey 'chocolate' is disgusting

[RappingSniper]

I don't know for what those comparisons are usefull if they don't compare to the rise of income of the avarege person

[Soccruo]

Inflation is part of all currencies in the world, with cryptos could be different.

[Onanula]

I don't know for what those comparisons are usefull if they don't compare to the rise of income of the avarege person

Inflation is still a tax on the poor as the rise of income is not based on the rate of inflation year over year but more on the whim of your employer and whether he/she decides to give you a raise which doesn't happen every year. Inflation does.