Showing posts with label pound. Show all posts
Showing posts with label pound. Show all posts

Nov 5, 2008

Value for Money!

Now that Obama will be the next (44th) US president, confidence will rise and we'll get value for money......

That leads to the question of how you measure the Purchasing Power of Money?


The measure most often used, is the Consumer Price Index (CPI).

Other comparison series might be preferable, depending on the context of the question.

In fact there are:



Calculate the actual value of a original year 1900 Dollar, Euro, Guilder or Pound and see how you get value for money.