What $100 buys you now vs. then

CBS News correspondent Errol Barnett shows how inflation impacts the value of a dollar and why your money is worth less now than even a few years ago.

#money #business #economy

[mvp]

I remember 25 cents bag of chips .25 cents cans of soda in the 90s.Those days long gone

[zomblog]

this is why you need to either spend money on assets, or invest it. sitting money always loses value

P.S. wage increases should also increase with inflation BY LAW

[chynabarnescb]

You don’t need to do no math… just go to dollar tree that will explain everything… by the way they need to change the name… people by the way u better off getting half your things from Walmart because they have more dollar things than dollar tree just saying…🤷🏽‍♀️have a bless day

[mistery-ed]

I watched an episode of Emergency! yesterday and in 1972 a full bag of groceries cost $9.03.

[PhilipKal]

These numbers are wrong. I had a big one bedroom apartment in
san francisco 1980 and paid $190 a month and try to get that place for $ 700.

[brendatenorio]

The point of going back to 2000 is? What about 2000 BC?

[thedude]

At this rate, the dollar will be worthless in three years.

[enriquedelrivero]

"Still gotta keep the drinks" 😂

[youareright]

Decade's ago? 2 years ago!! LET'S GO BRANDON!!

[LisaCupelli]

Laughable! When were you at the grocery? Food is up way more then what you say! Eggs alone went for $1 to $3 — packages have less in them too!

[RIXRADvidz]

This is SO STUPID. The Value of Money changes all the time. A hundred bucks today won't buy you a house or a horse like it would 100 years ago. A hundred dollars would barely buy an eighth of weed 15 years ago, now it buys a whole ounce. The VALUE of Money and Goods changes constantly, what $100 would buy then and now is STUPID

[brandonmccleland]

Protest this everyone always wanna protest something why not these high rents etc wake up protest the entertainment business NBA NFL they're making Max contracts while y'all buying their memorabilia watching them on TV and they can care less about you it's a business why do they get to make millions of dollars while everyone else have to do the hard work and make pennies