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Q: Who wants two dollars? ( Answered 5 out of 5 stars,   5 Comments )
Question  
Subject: Who wants two dollars?
Category: Miscellaneous
Asked by: nospoon-ga
List Price: $2.00
Posted: 17 Nov 2002 22:26 PST
Expires: 17 Dec 2002 22:26 PST
Question ID: 109696
Who wants two dollars?
Answer  
Subject: Re: Who wants two dollars?
Answered By: skermit-ga on 17 Nov 2002 22:36 PST
Rated:5 out of 5 stars
 
Hello,

I want two dollars. In this day in age, people don't think a dollar is
much. If I had a simple way to match inflation through investing,
here's what I could have accomplished with your $2.00:

If you gave me $2.00 in 1913, today I would have $36.26 which is
enough to buy a DVD, some soda, and a a nice fast-food dinner for me
and a friend. A nice night in eh?

If you gave me $2.00 in 1950, today I would have $14.90, which is
still a ticket at the movies and a large popcorn and drink.

If you gave me $2.00 in 1975, today I would have $6.67 which is still
enough for a combo meal at any fast-food restaurant.

So if I take your two dollars, and keep it in an investment account
which keeps up with inflation, I can expect to make good use of it in
the future... Or, I can just use it now to get me some candy. Yum!


Search Strategy:

"what is a dollar worth" on google:
://www.google.com/search?q=%22what+is+a+dollar+worth%22


Additional Links:

Federal Reserve Bank of Minneapolis - Consumer Price Index:
http://minneapolisfed.org/Research/data/us/calc/


Thank you for the opportunity to answer your question, if you require
more information, please clarify the question, or if you find this
answer satisfactory, please feel free to rate it. Thank you!
 
skermit-ga
nospoon-ga rated this answer:5 out of 5 stars
A simple "I do!" would have been fine, enjoy your candy. :)

Comments  
Subject: Re: Who wants two dollars?
From: hailstorm-ga on 17 Nov 2002 22:55 PST
 
Unfortunately, Google Researchers only receive 75% of the question
fee. So skermit only received a buck fifty.
Subject: Re: Who wants two dollars?
From: probonopublico-ga on 17 Nov 2002 23:30 PST
 
If nospoon had given skermit $2 in 1913, both would either be dead or gaga today.
Subject: Re: Who wants two dollars?
From: nospoon-ga on 18 Nov 2002 00:23 PST
 
hailstorm, the fact that the dollar amount in question equaled what
the answer was worth to the asker may have been coincidental . It must
have been worth a dollar and a half to the researcher to state that he
would indeed like two dollars.
Subject: Re: Who wants two dollars?
From: hailstorm-ga on 18 Nov 2002 00:48 PST
 
nospoon,

True enough. I am even willing to state for free that I want two dollars...
Subject: Re: Who wants two dollars?
From: digsalot-ga on 19 Nov 2002 16:24 PST
 
Baksheesh, baksheesh, - - - - alms?  Baksheesh...

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