▲ 563 ▼ The savings are trickling down to us (sopuli.xyz) submitted 2 days ago by Gork@sopuli.xyz to c/lemmyshitpost@lemmy.world 42 comments fedilink hide all child comments
[–] HeyJoe@lemmy.world 6 points 2 days ago (1 child) A penny in 1900 is 40 pennys today. Doesn't that make it sound better? permalink fedilink source hideshow 2 child comments replies: [–] electriccars@lemmy.world 5 points 2 days ago (1 child) A penny in 1900 was a worthless token that only had value because it could be exchanged for the valuable Silver and Gold coins of the era. 2067 pennies were able to be exchanged for 1 Oz of fine Gold. Today, you need more than 400,000 pennies to get the same Oz of fine Gold. 400,000 / 2067 = 193 So the penny in 1900 is 193 pennies today. permalink fedilink source parent hideshow 2 child comments replies: [–] ivanafterall@lemmy.world 1 point 2 days ago Damn, surely I could scrounge up 400,000 pennies... permalink fedilink source parent
[–] electriccars@lemmy.world 5 points 2 days ago (1 child) A penny in 1900 was a worthless token that only had value because it could be exchanged for the valuable Silver and Gold coins of the era. 2067 pennies were able to be exchanged for 1 Oz of fine Gold. Today, you need more than 400,000 pennies to get the same Oz of fine Gold. 400,000 / 2067 = 193 So the penny in 1900 is 193 pennies today. permalink fedilink source parent hideshow 2 child comments replies: [–] ivanafterall@lemmy.world 1 point 2 days ago Damn, surely I could scrounge up 400,000 pennies... permalink fedilink source parent
[–] ivanafterall@lemmy.world 1 point 2 days ago Damn, surely I could scrounge up 400,000 pennies... permalink fedilink source parent
