Inflation is good for farmers because they will be able to raise their prices high due to the scarcity of what they sale. Almost in an auction sort of way to see who will buy their crops.
It would be worth around 9 million dollars based on inflation.
Look at http://www.westegg.com/inflation/. $50,000 in 1980 is $129,014.84 in 2008 dollars. So, roughly a 150% inflation.
Acording to the inflation calculator 15,000 in 1967 dollars would be 92,203 in 2007 dollars. 2007 is the latest that the inflation calculator goes, so add what ever inflation that we have had in the last year if any.
$93,377,949.76http://www.westegg.com/inflation/
About 15 million dollars. About 15 million dollars.
Because of inflation it would be worth about $25853.94 but this is only an estimate inflation rates for decades were based on what farmers were payed which could fluctuate for a number of reasons.
It would be worth around 9 million dollars based on inflation.
Look at http://www.westegg.com/inflation/. $50,000 in 1980 is $129,014.84 in 2008 dollars. So, roughly a 150% inflation.
Acording to the inflation calculator 15,000 in 1967 dollars would be 92,203 in 2007 dollars. 2007 is the latest that the inflation calculator goes, so add what ever inflation that we have had in the last year if any.
$93,377,949.76http://www.westegg.com/inflation/
About 15 million dollars. About 15 million dollars.
Using US dollars, adjusting for inflation, $500 in 1967 is about $3,700 in 2018.
Adjusting for inflation, $10,000 in 1941 would have been worth 139,400.83 in 2007.
Using the rate of inflation, $1m US Dollars in 1955 would be worth $8,039,693 in today's money.
40000
Calculating for inflation, $15 in 1894 would be worth around $400 in 2007.
Using the average inflation rate over the period between 1972 and 2009 of 4.62: * $1,000 in 1972 dollars would be worth $5,318 in 2009 dollars * $1,000 in 2009 dollars would be worth $188 in 1972 dollars.