Inflation

One problem with inflation is redistribution. Inflation makes some people better off while it makes others worse off. The three things that cause redistribution are price effects, wealth effects, and income effects.

I have a silver dollar that was in mint condition, dated 1835. It was worth $125 two years ago. Being that yours is in the 1900's, it's probably worth from $25 to $50. You can always call coin shops. They'll tell you over the phone, what your coin is worth. Call around before you sell it. If you want more money, sell it on E-bay.

The above information is not meaningful. There are guides to Peace dollar prices at many web sites. Please see the related link below.

# The Inflation Rate Soars means the rate of increase in the price of goods and services over a given period of time increases tremendously.

combinations food(x) clothing(y) MRS(xy)

A 1 12 -

B 2 6 6

C 3 4 2

D 4 3 1

A(1,12) B(2,6) C(3,4) D(4,3)

at each combination consumer receives same level of satisfactn.as income is given and constant and there is no scope for underspending when consumer consumes additional unit of one commodity(food) he has to give up some units of clothing.at each level sacrifice in terms of clothing reduces as now clothing becomes scarce in comparison of food.according to law of DMU with every additional consumption utility diminishes and hence consumer starts valuing less food for clothing.hence MRS is falling.

There's a pretty good discussion of this at http://understandingthemarket.com/?p=65

It appears that is was just over 3%, accoring to the above reference.

Increased applications for unemployment benefits directly reflect the loss in the number of jobs available to workers. The actual cost of paying unemployment benefits to the unemployed, is actually very small compared with other government spending. Paying unemployment benefits to those who need it, actually benefits the country's economy, because it prevents jobless individuals and their families, to overwhelm other government programs such as welfare. Paying unemployment benefits also prevents individuals to fall into poverty-related social problems, which would result in higher costs to deal with their consequences and to bring individuals back to join the work force, which at the end, is what keeps the economy rolling and growing.

A British one pound note was worth $4.25 US currency exchange in 1940

The value to a coin / banknote collector today would depend on condition of note. You should be able to find on Google search and Ebay

1 pound in 1940 is widely rated as very roughly equivalent to about 40 to 45 pounds now.

Please bear in mind that in 1940 income tax rose sharply (to finance the war) and that increasingly rigorous rationing came into effect. Some goods that are readily available now were scarce because they were requisitioned by the government: for example, photographic film was often difficult to obtain because over 80% of the entire output was used by the government, mainly for aerial reconnaissance. The production of most perfumes was stopped on the grounds that these were inessential luxuries and so on. The prices of essentials were fixed (and moderate). As a result, they was less and less to spend money on - and this in turn led to inflation. In 1940 prices rose by about 10%

I hope this answer is of use to you.

Joncey

Hyperinflation is a rapid rise in the general price level. When inflation occurs, sometimes people anticipate further inflation. They then spend all their savings "now" to beat the anticipated price increases; after all, money in the bank during inflationary periods only can depreciate in value. Businesses buy more capital goods. Workers get paid higher and higher wages. These actions will further intensify the pressure on prices. Inflation drives inflation further; it eventually may cause economic collapse.

The percentage rise in price levels.

All Walking Liberty Half dollars from 1940 to 1945 regardless of mintmarks, in average circulated condition (below EF-40 Grade) have the same retail values of $8.00-$9.00. These years are high mintage widely circulated coins, so most show heavy wear. The coins are very common

After the revolutionary war, most states had a hard time paying off war debts and struggled to collect overdue taxes. to ease this hardship, some states began printing large amounts of paper money. The result was inflation!

5 cents. Actually most people made their bread in 1914. White bread as we know it didn't yet exist. So, the cost of roughly 5 cents would be for a loaf of bread from a bakery. But consider ...

In 1914 the average work week was 49 hours and the average weekly earnings were $10.92; the average wage per hour was 22 cents. So you could buy 4 loafs of bread for an hours work. If a loaf of bread from the bakery costs $3.00 now then a wage of $12 an hour would be compatible (allowing one to buy four loafs of bread for an hours work).

http://www.virtualvenice.info/print/1914-1916pt1.htm

Richard Nixon

store house value

inflation reducing the value of investors' financial assets

Generally, low inflation is better for society because inflation has costs associated with the reallocation of assets and their value (that is, it costs money for people to change their decisions when inflation changes the value of their goods/services).

The British gold One Guinea coin was last minted in 1813. It was effectively replaced by the gold Sovereign coin in 1817. The Guinea had a face value of 21 Shillings or, One Pound and One Shilling (in predecimal currency).

Although the coin no longer exists, the value remains in use, and is often used to value antiques and racehorses amongst other things, but is not used in day to day commerce.

One Guinea GBP in 1877 had the purchasing power of about £65.86 GBP today.

One Guinea GBP in 1877 had the purchasing power of about €74.62 EUR today.

NOTE - This historical conversion is the result of many calculations and considerations by a purpose designed program for which I can take no credit. The resulting answer should only be regarded as an approximation.

+ve impact is that the India has continuously maintained average high growth rate than was in 1991 of GDP 0.9%

secondly it has -ve impact of inflation that is consumer price index has been increased continuosly

Assuming the coin is circulated and has no mintmark, the 1899 Barber half is a common date coin. For an accurate assessment of value the coin needs to be seen and graded. Most coins show heavy wear. In general retail values for low grade coins are $13.00-$37.00, better grade are $100.00-$180.00 and coins showing almost no wear run from $310.00-$450.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelery or have been cleaned have far less value if any to a collector or dealer

As deflation is a decrease in the price level, there is also a proportional increase in the purchasing power of a dollar. Those who have saved money will be able to buy more than previously, and banks will earn more (real) interest on loans made. Those who borrow money, however, will be be paying a higher (real) rate of interest (even with a fixed rate loan).

workers went on strike for higher wages,-novanet

Approximately $70,000 (2009 U.S. Dollar Currency) Approximately $70,000 (2009 U.S. Dollar Currency)