Value of A Dollar
In 1867 Kuhn, Loeb & Co., was reputed to have been capitalized at $500,000.00. In today's dollars, versus various benchmarks, this would be equal to:
- $7,029,288.70 using the Consumer Price Index
- $6,321,583.51 using the GDP deflator
- $55,096,551.72 using the unskilled wage
- $98,870,892.13 using the GDP per capita
- $791,998,799.52 using the United States Gross Domestic Product
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Famous quotes containing the word dollar:
“Any gentleman with the slightest chic will give a girl a fifty dollar bill for the powder room.”
—George Axelrod (1922)