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Re: Re: Re: A worth of a dollar???
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Posted by Good Point on December 30, 2004 at 17:14:14 from (18.104.22.168):
In Reply to: Re: Re: A worth of a dollar??? posted by Fawteen on December 30, 2004 at 17:05:20:
Fawteen, that is an excellent point. If you value a dollar today ... in a month the price of the object you valued a US Dollar on might have increased. That makes the dollar worth less to most people. Simple rule of Inflation. Hopefully the Cost Of Living adjusts to the rate of inflation. If that actually happens the Dollar remains even. Caveat - I have not seen the Cost OF Living remain even with the Rate Of Inflation during my coherent life. Maybe it will happen someday????
The good news is that some products such as computers decrease in price as technology advances. Remember the first computers and how much they cost? Remember how little the did for us? Too bad though, computers are one of the few things that get better and cost less over time.
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