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
Read more about this topic: Kuhn, Loeb & Co.
Famous quotes containing the word dollar:
“... if we have a dollar to spend on some wild excess, we shall spend it on a book, not on asparagus out of season.”
—Katharine Fullerton Gerould (1879–1944)