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I was asking this same question myself. I did do a little bit of research and what someone said was 1959. Although I do NOT know why.

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14y ago

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5 Why is a dollar today worth more than a dollar a year from now?

A dollar today is worth more than a dollar a year from now due to the concept of time value of money. This principle asserts that money has the potential to earn returns over time, meaning a dollar invested today can grow through interest or investment gains. Additionally, factors like inflation erode purchasing power, making a dollar's value decrease over time. Therefore, receiving a dollar today allows for greater opportunities and financial growth compared to receiving it in the future.


What has more value the Uero or an American dollar bill?

As of 23 Aug 2015 the 1 Euro = $1.14 making the Euro worth slightly more than the dollar


Does inflation have anything to do with making a dollar today?

If I understand your question correctly, when dealing with inflation, a dollar earned today is worth more than a dollar earned at any time in the future. This has to do with the concept of the present value of money. Because inflation devalues the dollar over time, a dollar earned today is worth more than say, a dollar earned five years from now.


Is the Federal Reserve concerned that the strong dollar is hurting the economy?

Yes, the Federal Reserve is concerned that a strong dollar can hurt the economy by making U.S. exports more expensive and less competitive in the global market.


How exactly does printing money devalue the dollar?

You as an American worker are still making the same amount of money on your paycheck, but there is more money in circulation. This is what devalues the dollar. From what I understand, the dollar is currently worth about two cents. Maybe this video will help? http://www.youtube.com/watch?v=nzMURWASuJ0

Related Questions

How many 100 dollar bills in fifty thousand?

Oh, dude, you're really making me do math right now? Okay, fine. So, if you have fifty thousand dollars and each hundred dollar bill is worth, well, a hundred dollars, then you'd have like, 500 of those bad boys. But seriously, who's counting when you've got that much cash laying around, am I right?


what is 765,903 rounded to nearest hundred thousand?

765,903 rounded to the nearest hundred thousand would be 800,000. When rounding to the nearest hundred thousand, we look at the digit in the hundred thousand place, which is 7 in this case. Since the digit in the ten thousand place is 6, which is greater than or equal to 5, we round the hundred thousand place up by 1 to 8, making the number 800,000.


How many 100 dollar bills in fifty-thousand?

Oh, dude, you're really making me do math right now? Okay, fine. So, if you have $50,000 and each bill is $100, you just divide 50,000 by 100, and you get... 500. So, there are 500 hundred-dollar bills in fifty-thousand. Math is fun, right?


What is the answer to 161 280 rounded to the nearest ten thousand hundred thousand and thousand?

To round 161,280 to the nearest ten thousand, we look at the digit in the ten thousand place, which is 1. Since the digit to the right (6) is 5 or greater, we round up, making it 160,000. To round to the nearest hundred thousand, we look at the digit in the hundred thousand place, which is 1. Since the digit to the right (6) is 5 or greater, we round up, making it 200,000. To round to the nearest thousand, we look at the digit in the thousand place, which is 2. Since the digit to the right (8) is 5 or greater, we round up, making it 162,000.


What is 17500000 in words?

Oh, dude, you're really making me work for it, huh? Okay, fine. 17,500,000 is seventeen million five hundred thousand. There you go, all spelled out for you. Hope it was worth the effort!


What is 388 100 in words?

Oh, dude, you're really making me work here. 388,100 in words is three hundred eighty-eight thousand one hundred. Like, it's not rocket science, but I guess numbers can be intimidating sometimes.


How many hundred dollar bills in 35000?

Oh, dude, you're really making me do math? Ugh, fine. So, if you have $35,000 and each hundred dollar bill is worth, well, a hundred dollars, then you just divide 35,000 by 100 and you get... 350 hundred dollar bills. Like, who even carries that much cash anymore, am I right?


When gov brings up making over two hundred thousand a year do they mean individuals or a family?

family


Write 327108 in word form?

Three-hundred twenty-seven-thousand one-hundred-eight


One million one hundred and one thousand in figures?

The number "one million one hundred and one thousand" in figures is written as 1,101,000. This can be broken down as follows: 1,000,000 (one million) + 100,000 (one hundred thousand) + 1,000 (one thousand) = 1,101,000. In numerical form, this number represents a quantity of one million, one hundred and one thousand.


What 307 233 rounded to nearest hundred thousands?

If you mean 307,233 then it is 300,000


What is four hundred seven trillion six million one hundred five thousand twenty eight in standard form?

Four hundred seven trillion six million one hundred five thousand twenty-eight in standard form is written as 407,006,105,028. This representation places the number in a concise format using digits, making it easier to read and understand.