Said still another way, the US dollar has lost 97% of its purchasing power during the past century (at least when it comes to mailing postcards). Assuming that inflation remains on that same trajectory in the coming century, the cost of a postcard stamp in the year 2109 will be $9.00, up from $0.30 today.
PS: The reverse side of the above postcard appears below.
PPS: Wallace, Idaho has not changed much over the years -- you can visit their website by following the link below.
Historic Wallace, Idaho
2 comments:
A hundred years ago, a stamp for a postcard was a cent. And now that the cost of a stamp is .30 cents, how many people actually send postcards? And how many send emails? Or actual photos from their iPhone?
One hundred years before the 1909 cost of a stamp was a penny, did pots cards even exist? If so, how many people even sent postcards?
Anon,
-Lori
Hi Lori, true, not everyone sends postcards these days -- another way to look at inflation is to consider the cost of having a Coca-Cola -- more at:
http://wjmc.blogspot.com/2011/03/century-of-inflation-ii.html
Thanks for your comments...
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