You can still buy a gallon of gasoline in the United States with two dimes. They have to be pre-1965 dimes since the silver content is around 90%.
The next time somebody says, "The dollar doesn't buy what it used to", ask them why they think that is.
The tallest tree in the world measures over 378 feet (115 m).
Nicola Tesla understood (100 years ago) that only energy that was in harmony with nature could truly benefit mankind.
Sometimes I have to purge some information and random thoughts from my monkey brain (a delicacy in many countries) in order to make room for some new stuff, or to think of old stuff with a little more clarity.
This is really helping. Let's continue...
The Dow surpassed it's 2007 all-time high of 14,164.5 recently, but when adjusting for inflation, the actual inflation adjusted all-time high would be around 15,732. That's only 8% more; give it a week or two.
Here's some comparisons between then (2007) and now...
Dow Jones Industrial Average: Then 14164.5; Now 14164.5 (give or take)
Regular Gas Price: Then $2.75; Now $3.73
GDP Growth: Then +2.5%; Now +1.6%
Americans Unemployed (in Labor Force): Then 6.7 million; Now 13.2 million
Americans On Food Stamps: Then 26.9 million; Now 47.69 million
Size of Fed's Balance Sheet: Then $0.89 trillion; Now $3.01 trillion
US Debt as a Percentage of GDP: Then ~38%; Now 74.2%
US Deficit (LTM): Then $97 billion; Now $975.6 billion
Total US Debt Outstanding: Then $9.008 trillion; Now $16.43 trillion
Consumer Confidence: Then 99.5; Now 69.6
S&P Rating of the US: Then AAA; Now AA+
10 Year Treasury Yield: Then 4.64%; Now 1.89%
EURUSD: Then 1.4145; Now 1.3050
Gold: Then $748; Now $1583
Junk in, junk out as the saying goes. With all this useless new information, looks like I'm going to have to purge something useful from my memory just to make room...like umm... like Richard Nixon's hat size (7-1/2 by the way). You know, interesting fact...memory doesn't just disappear, it just turns into a tapioca-like substance..., yeah, like compressed tapioca, that's it.
I didn't verify most of these comparisons, or factoids, but I found this information on the internet, so it must be true.
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Historical Dow (non-inflation-adjusted)
