A cent in 1982 would take two cents to buy the same thing today. (According to CPI Inflation Calculator) As you know, a copper 1982 cent is now worth a little over $.02 due to its metal value.
News is not so good for the nickel though. It would take a dime to buy what a nickel could back in 1982. It would take a nickel though to buy what a penny (face value not metal value) would in 1971!
Inflation sucks.
________________________ If you can conceive it, you can achieve it. -Napoleon Hill
Edited by - Ardent Listener on 06/05/2006 18:58:33
Copper cent keeping up with inflation.
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Posted - 06/05/2006 : 18:57:03
Posted - 06/05/2006 : 19:17:13
