What is a Dollar Worth?

The Fed meets this week to discuss the manic-depressive nature of our economy. If you are a glass-half-full type of person you could worry about both Recession and Inflation.

From a trader’s perspective, though, the markets have been trading much better.

On a related note, I heard lots of talk among traders this week about the Dollar potentially putting in a bottom. We’ll see.

While I was researching this, I found a site that makes it easy to calculate the affect of inflation. Click the following link to see
What Is A Dollar Worth?

There is a fill-in-the-blank calculator that lets you figure-out things like: if you bought a house for $ 54,000 in 1973, then it would cost $262,000 in 2008 dollars. Check it out.

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