What would a 1971 Bretton Woods Dollar be worth today?
$1.00 1971 Gold Dollars
[1971 - 2012]
$40.84 2010 Paper Dollars
Illustration based on gold price of $1429.40 per oz. CPI calculated as geometric mean of chained CPI.
CPI data from US Bureau of Labor Statistics
. Current gold price from
. 39 Updated 09/08/2012 20:44 GMT
...because you have to be a Keynesian in both halves of the cycle.
© N. W. Field 2009-2011 -
What was the Bretton Woods system?
When and why did the USA end the Bretton Woods system?
Where is Bretton Woods?
What is Inflation?