Friday, February 15, 2008

World Money

How People Count Cash?


$1.25 Bill
From Newfoundland, on display at the currency museum in Ottawa, Ontario.

$50,000 Bill
Not counting inflation, 50k Canadian Dollars would be 49,910.15 US dollars.
I Googled, and could only find out when they were first issued (1896), not when they went out. I happen to have a few books on Canadian economic history, but I can only calculate inflation after 1910. But if my reckoning is right, $50, 000 Canadian in 1910 is worth about $925, 000 modern Canadian, rounded up and based on a ‘basket of goods’ (mostly food in bulk, certain cloths). Probably about the same in modern US.

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